Barclays upgraded its outlook for Associated Banc-Corp – Corporate Bond (NYSE: ASBA) from Equal-Weight to Overweight on April 7, 2026. The average one-year price target for the bond is now $28.25 per share, reflecting a potential 14.62% increase from its recent closing price of $24.65 per share.
As of February 26, 2026, the projected annual revenue for Associated Banc-Corp is estimated at $1.555 billion, marking an 8.47% increase, with a non-GAAP EPS forecast of $2.92. Institutional ownership in the bond has decreased by 90.91% in the last quarter, down to 3,000 shares owned, while the average portfolio weight dedicated to ASBA has increased by 97.14%.
Thompson Investment Management continues to hold 3,000 shares of Associated Banc-Corp with no change in its position over the last quarter.
