Associated Banc-Corp (NYSE: ASB) stock closed at $28.14 on 11/6/24 after a major increase of 17.3%. Moreover, trading volume in this advance was exceptionally high at 386% of normal. The stock has performed in line with the market over the last nine months and has risen 19.5% during the last week.
Current PriceTarget Research Rating
ASB is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Associated Banc-Corp has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Associated Banc-Corp has a slightly positive Power Rating of 64 and a very high Appreciation Score of 86, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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