The leading market experts have placed a mean price target of $19.220 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 $0.330 a share for the upcoming quarter and $1.230 for the current fiscal.
The technical analysis of Associated Banc-Corp Common Sto plainly substantiates that the 50-day moving average of Associated Banc-Corp Common Sto is $19.154, and stock is trading $0.691 points away or +3.606% from its 50-day moving average of $19.154. Further it is trading $1.704 or +9.394% away its 200-day moving average of $18.141. Associated Banc-Corp (NYSE:ASB) 52-week high is $20.900 and the 52-week low is $15.450.
This explains if the stock moves $-1.055, it will post a 52-week high. In event of +28.447% 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 17.108.
The stock last ended the trading session at $19.845 and registered a market cap of $2.95B. 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 2.300.
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