Associated Banc ASB has been analyzed by 10 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 10 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 6 | 0 | 0 |
| 2M Ago | 0 | 0 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $26.6, a high estimate of $29.00, and a low estimate of $23.00. This upward trend is apparent, with the current average reflecting a 5.98% increase from the previous average price target of $25.10.
Understanding Analyst Ratings: A Comprehensive Breakdown
A clear picture of Associated Banc's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below 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 | Raises | Equal-Weight | $28.00 | $27.00 |
| Jon Arfstrom | RBC Capital | Maintains | Sector Perform | $28.00 | $28.00 |
| Christopher Mcgratty | Keefe, Bruyette & Woods | Raises | Market Perform | $29.00 | $28.00 |
| Scott Siefers | Piper Sandler | Raises | Neutral | $28.00 | $26.00 |
| Jared Shaw | Barclays | Raises | Equal-Weight | $27.00 | $24.00 |
| Christopher Mcgratty | Keefe, Bruyette & Woods | Raises | Market Perform | $28.00 | $25.00 |
| Timur Braziler | Wells Fargo | Raises | Equal-Weight | $26.00 | $24.00 |
| Jared Shaw | Barclays | Raises | Equal-Weight | $24.00 | $23.00 |
| Jon Arfstrom | RBC Capital | Raises | Sector Perform | $25.00 | $24.00 |
| Jared Shaw | Barclays | Raises | Equal-Weight | $23.00 | $22.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Associated Banc. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Associated Banc compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Associated Banc's stock. This examination reveals shifts in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Associated Banc's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Associated Banc analyst ratings.
Discovering Associated Banc: A Closer Look
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.
Associated Banc: Financial Performance Dissected
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Positive Revenue Trend: Examining Associated Banc's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 2.57% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 25.89%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.05%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Associated Banc's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.2%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Associated Banc's debt-to-equity ratio stands notably higher than the industry average, reaching 0.65. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Core of Analyst Ratings: What Every Investor Should Know
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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