ASB Price Prediction Next Week
Analysis and Insights
News Sentiment and Analyst Outlook:
Recent news indicates that Raymond James has lowered the price target for Associated Banc-Corp (ASB) from $30 to $28 while maintaining an Outperform rating. This adjustment reflects cautious optimism, as management remains committed to growth and profitability goals despite macroeconomic volatility.
Technical Indicators Analysis:
- RSI (14): 42.95, indicating the stock is not oversold but is in a neutral zone.
- MACD: Showing a slight bearish signal with a value of -0.59.
- Fibonacci Levels: Pivot at $22.06, with resistance at $23.48 and support at $20.64.
Price Forecast:
Based on the current technical setup and news sentiment, ASB is expected to trade in a narrow range next week. The stock is likely to find support at $22.06 and face resistance at $23.48.
Recommendation:
Buy at the current price of $22.99 with a target price of $23.40. Set a stop-loss below $22.00 to manage risk.
ASB Similar Chart Price Prediction
The price of ASB is predicted to go up -7.12%, based on the high correlation periods with RJF. The similarity of these two price pattern on the periods is 98.14%.
ASB
RJF
Down: -7.12%Similarity: 98.14%
ASB Revenue Forecast
ASB EPS Forecast
ASB FAQs
What is ASB revenue forecast for next quarter？
What is ASB eps forecast for next quarter？
ASB Analyst's Forecast
Daniel Tamayo
Raymond James
Buy
2025-03-10
Price Target
$30 → $28
Upside
+30.54%
Raymond James lowered the firm's price target on Associated Banc-Corp to $28 from $30 and keeps an Outperform rating on the shares. The tone of recent investor meetings with CEO Andy Harmening and CFO Derek Meyer was "mostly positive," aside from the volatile macro backdrop related to tariffs, while management remains committed to reaching its growth and profitability goals, the analyst tells investors in a research note. Raymond James remains bullish on the shares and believes valuation multiples will re-rate over time as the bank executes on its plans.
Karl Shepard
RBC Capital
Hold
2025-01-24
Price Target
$26 → $27
Upside
+8.43%
Christopher Mcgratty
Keefe, Bruyette & Woods
Hold
2025-01-24
Price Target
$29 → $30
Upside
+20.48%
