Associated Banc Corp (NYSE:ASB) gets downgraded to Hold by Sandler O’Neill

ME Staff
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Analyst Ratings For Associated Banc Corp (NYSE:ASB)

Today, Associated Banc Corp (NYSE:ASB) stock was downgraded by Sandler O’Neill from Buy to Hold.

There are 9 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Associated Banc Corp (NYSE:ASB) is Hold with a consensus target price of $28.1667 per share, a potential 14.83% upside.

Some recent analyst ratings include

  • 10/19/2018-Associated Banc Corp (NYSE:ASB) gets downgraded to Hold by Sandler O’Neill
  • 9/18/2018-Associated Banc Corp (NYSE:ASB) had its Hold rating reiterated by Morgan Stanley with a $29.50 price target
  • 7/20/2018-Associated Banc Corp (NYSE:ASB) had its Hold rating reiterated by Jefferies Financial Group with a $30.00 price target
  • 7/10/2018-Associated Banc Corp (NYSE:ASB) had its Buy rating reiterated by Robert W. Baird with a $30.00 price target

Recent Insider Trading Activity For Associated Banc Corp (NYSE:ASB)
Associated Banc Corp (NYSE:ASB) has insider ownership of 2.13% and institutional ownership of 76.37%.

  • On 9/19/2018 Moral-Niles Christopher Del, CFO, bought 2,000 with an average share price of $25.00 per share and the total transaction amounting to $50,000.00.
  • On 9/19/2018 Philip B Flynn, CEO, bought 115,000 with an average share price of $25.00 per share and the total transaction amounting to $2,875,000.00.
  • On 9/19/2018 William R. Hutchinson, Director, bought 4,000 with an average share price of $25.00 per share and the total transaction amounting to $100,000.00.
  • On 9/11/2018 John A Utz, Insider, sold 2,341 with an average share price of $27.81 per share and the total transaction amounting to $65,103.21.
  • On 8/21/2018 David L Stein, Insider, sold 5,000 with an average share price of $27.72 per share and the total transaction amounting to $138,600.00.
  • On 7/30/2018 Moral-Niles Christopher Del, CFO, sold 3,500 with an average share price of $27.75 per share and the total transaction amounting to $97,125.00.
  • On 7/30/2018 Philip B Flynn, CEO, sold 10,000 with an average share price of $27.75 per share and the total transaction amounting to $277,500.00.

About Associated Banc Corp (NYSE:ASB)
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses primarily in Wisconsin, Illinois, and Minnesota. Its Corporate and Commercial Specialty segment offers deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; and lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications. This segment also provides specialized financial services that comprise interest rate risk management, foreign exchange solutions, and commodity hedging. The company's Community, Consumer, and Business segment offers checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; savings, money market deposit accounts, IRA accounts, certificates of deposit, and fixed and variable annuities, as well as full-service, discount, and online investment brokerage; investment advisory services; trust and investment management accounts; and insurance and other related products and services. This segment also engages in the administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management services. Its Risk Management and Shared Services segment provides corporate risk management, credit administration, finance, treasury, operations, and technology services. As of March 16, 2018, the company operated 270 banking locations serving approximately 110 communities. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.

Recent Trading Activity for Associated Banc Corp (NYSE:ASB)
Shares of Associated Banc Corp closed the previous trading session at 24,53 −0,78 3,10 % with 2169300 shares trading hands.