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Associated Banc-Corp Price Target Raised to $15.00 at Keefe, Bruyette & Woods (ASBC)

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Associated Banc-Corp logoAssociated Banc-Corp (NASDAQ:ASBC) had its price objective hosited by Keefe, Bruyette & Woods from $13.00 to $15.00 in a report released on Friday, ARN reports.

Keefe, Bruyette & Woods has also modified their ratings on a number of other financials stocks in the few days. The firm raised its price target on shares of Western Alliance Bancorp. from $15.00 to $17.00. They have a market perform rating on that stock. Also, Keefe, Bruyette & Woods raised its price target on shares of First Republic Bank from $41.00 to $46.00. Finally, Keefe, Bruyette & Woods raised its price target on shares of First Horizon National Corp. from $9.50 to $12.00. They have a market perform rating on that stock.

A number of other analysts have also recently weighed in on ASBC. Analysts at Jefferies Group raised their price target on shares of Associated Banc-Corp from $17.00 to $19.00 in a research note to investors on Friday. They now have a buy rating on the stock. Separately, analysts at RBC Capital downgraded shares of Associated Banc-Corp from an outperform rating to a sector perform rating in a research note to investors on Friday. They now have a $16.00 price target on the stock. Finally, analysts at UBS AG raised their price target on shares of Associated Banc-Corp from $15.00 to $17.00 in a research note to investors on Wednesday, July 10th. They now have a neutral rating on the stock.

Nine analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of $15.64.

Shares of Associated Banc-Corp (NASDAQ: ASBC) traded up 1.48% during mid-day trading on Friday, hitting $17.12. Associated Banc-Corp has a 52 week low of $12.00 and a 52 week high of $17.00. The stock’s 50-day moving average is currently $15.. The company has a market cap of $2.852 billion and a P/E ratio of 15.77.

Associated Banc-Corp (NASDAQ: ASBC) is a bank holding company.


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