Associated Banc-Corp (NYSE:ASB) Given Price Target Of $18.888


As per Associated Banc-Corp (NYSE:ASB)’s news release on 2016-04-27, its shareholders will get cash dividend of $0.11 per share. The recent press release updated on the record date and payout date, which stands at 2016-06-01 and 2016-06-15, respectively.

The stock of Associated Banc-Corp (NYSE:ASB) will commence trading ex-dividend from 2016-05-27, until which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Associated Banc-Corp (NYSE:ASB) disbursed $0.43 in dividend compared to distribution of $0.37, a year ago. It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 10.8108%.

The past track record of five years substantiates that the average payout of Associated Banc-Corp (NYSE:ASB) stands at $0.276, implying 59.274% growth. The company recorded earnings of $0.31 a share in the preceding fiscal.

The interim price target for Associated Banc-Corp (NYSE:ASB) is set at $18.888. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate is seen at $21 and the lowest level is established at 16. This broad range highlights a standard deviation of $1.615 in reported estimates.

AlphaOne has allotted A sentiment score of 0 to Associated Banc-Corp (NYSE:ASB) while impact score assigned is 0 as on as on 2016-06-11.

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