Truist Securities Initiates Coverage on Associated Banc (ASB) with a Hold Rating | ASB Stock News

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May 13, 2025
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On May 13, 2025, Truist Securities announced the initiation of coverage on Associated Banc (ASB, Financial) with a "Hold" rating. This marks a significant development as analyst David Smith from Truist Securities evaluates the stock for the first time.

The current price target for Associated Banc (ASB, Financial) set by Truist Securities is $26.00 USD. There are no prior price targets to compare this figure against, as this is the initial coverage by the analyst.

Investors and market watchers will note the coverage from Truist Securities on Associated Banc (ASB, Financial) as it may influence market activities and investor decisions regarding the stock.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 9 analysts, the average target price for Associated Banc-Corp (ASB, Financial) is $26.44 with a high estimate of $29.00 and a low estimate of $24.00. The average target implies an upside of 8.02% from the current price of $24.48. More detailed estimate data can be found on the Associated Banc-Corp (ASB) Forecast page.

Based on the consensus recommendation from 9 brokerage firms, Associated Banc-Corp's (ASB, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Associated Banc-Corp (ASB, Financial) in one year is $25.80, suggesting a upside of 5.39% from the current price of $24.48. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Associated Banc-Corp (ASB) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.