Robert W. Baird analyst David George reiterated a Buy rating on Associated Banc-Corp (NYSE: ASB) yesterday and set a price target of $30. The company’s shares closed yesterday at $28.35, close to its 52-week high of $29.03.
According to TipRanks.com, George is a 4-star analyst with an average return of 8.4% and a 68.2% success rate. George covers the Financial sector, focusing on stocks such as Capital One Financial, Fifth Third Bancorp, and Citizens Financial.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Associated Banc-Corp with a $28.71 average price target.
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Based on Associated Banc-Corp’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $69.14 million. In comparison, last year the company had a net profit of $57.65 million.
Based on the recent corporate insider activity of 261 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, William Bohn, the EVP of ASB sold 7,600 shares for a total of $210,936.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Associated Banc-Corp. operates as a bank holding company, which offers various banking and non-banking financial services to individuals and businesses through its subsidiaries. It operates through the following segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services.
