Stock To Watch: Associated Banc-Corp (NYSE:ASB)


The leading market experts have placed a mean price target of $18.67 on Associated Banc-Corp (NYSE:ASB) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.32 a share for the upcoming quarter and $1.22 for the current fiscal. Technical View The technical analysis of Associated Banc-Corp Common Sto plainly substantiates that the 50-day moving average of Associated Banc-Corp Common Sto is $17.52, and stock is hovering 1.12 or +6.37% distant from $17.52. It is noted that the 200-day MA is $17.62, and Associated Banc-Corp Common Sto stock is $1.02 or +5.80% off from this point. Associated Banc-Corp (NYSE:ASB) 52-week high is $20.90 and the 52-week low is $15.45. This explains if the stock moves $-2.26, it will post a 52-week high. In event of $+20.65% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Associated Banc-Corp Common Sto, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Associated Banc-Corp (NYSE:ASB) ratio came in at 16.07. The stock last ended the trading session at $18.64 and registered a market cap of $2.77B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Associated Banc-Corp (NYSE:ASB) PEG ratio is at 2.17.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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