Analyst Ratings For Associated Banc

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Across the recent three months, 4 analysts have shared their insights on Associated Banc ASB, expressing a variety of opinions spanning from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 1 3 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 1 2 0 0
3M Ago 0 0 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for Associated Banc, presenting an average target of $23.25, a high estimate of $25.00, and a low estimate of $22.00. This upward trend is apparent, with the current average reflecting a 8.14% increase from the previous average price target of $21.50.

Breaking Down Analyst Ratings: A Detailed Examination

An in-depth analysis of recent analyst actions unveils how financial experts perceive Associated Banc. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Jared Shaw Barclays Announces Equal-Weight $22.00 -
Daniel Tamayo Raymond James Raises Outperform $25.00 $21.00
Scott Siefers Piper Sandler Raises Neutral $23.00 $21.50
Jon Arfstrom RBC Capital Raises Sector Perform $23.00 $22.00

Key Insights:

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  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Associated Banc. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Associated Banc compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Associated Banc's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Associated Banc's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Associated Banc analyst ratings.

All You Need to Know About Associated Banc

Associated Banc-Corp is a bank holding company. The company through its subsidiaries provides a broad array of banking and nonbanking products and services to individuals and businesses. The company operates in three reportable segments; Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty and Community, Consumer, and Business segments.

Financial Insights: Associated Banc

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Negative Revenue Trend: Examining Associated Banc's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -65.18% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -75.61%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Associated Banc's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -2.33%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Associated Banc's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.22%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.62, caution is advised due to increased financial risk.

Understanding the Relevance of Analyst Ratings

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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