TOday’s Movers: Ally Financial (NYSE:ALLY) Stock Rating Kept by BMO Capital; $33 Target Price Indicates 21.50 % Potential

March 19, 2018 - By Maria Brooks

 TOday’s Movers: Ally Financial (NYSE:ALLY) Stock Rating Kept by BMO Capital; $33 Target Price Indicates 21.50 % Potential

Ally Financial (NYSE:ALLY) Rating Reaffirmed

They currently have a $33 target price on Ally Financial (NYSE:ALLY). The target price by BMO Capital would suggest a potential upside of 21.50 % from the company’s current stock price. This has been revealed to clients and investors in a research note on Monday morning.

Ally Financial Inc. (NYSE:ALLY) Ratings Coverage

Among 23 analysts covering Ally Financial (NYSE:ALLY), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Ally Financial has $39.0 highest and $22 lowest target. $31.10’s average target is 14.51% above currents $27.16 stock price. Ally Financial had 66 analyst reports since July 29, 2015 according to SRatingsIntel. Wood maintained the shares of ALLY in report on Friday, April 7 with “Buy” rating. The firm earned “Overweight” rating on Monday, November 2 by Barclays Capital. The company was maintained on Thursday, October 26 by Morgan Stanley. The firm earned “Outperform” rating on Wednesday, January 31 by Credit Suisse. The firm has “Buy” rating given on Monday, January 8 by Oppenheimer. The firm has “Buy” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The rating was upgraded by Credit Suisse on Wednesday, July 29 to “Outperform”. The stock of Ally Financial Inc. (NYSE:ALLY) earned “Underweight” rating by Stephens on Monday, July 17. The stock of Ally Financial Inc. (NYSE:ALLY) has “Hold” rating given on Thursday, March 15 by Sandler O’Neill. The firm has “Buy” rating by Wells Fargo given on Wednesday, January 31.

The stock decreased 1.91% or $0.53 during the last trading session, reaching $27.16. About 1.04M shares traded. Ally Financial Inc. (NYSE:ALLY) has risen 12.72% since March 19, 2017 and is uptrending. It has underperformed by 3.98% the S&P500.

Analysts await Ally Financial Inc. (NYSE:ALLY) to report earnings on April, 26. They expect $0.68 earnings per share, up 41.67 % or $0.20 from last year’s $0.48 per share. ALLY’s profit will be $295.63M for 9.99 P/E if the $0.68 EPS becomes a reality. After $0.70 actual earnings per share reported by Ally Financial Inc. for the previous quarter, Wall Street now forecasts -2.86 % negative EPS growth.

Ally Financial Inc., a diversified financial services company, provides a range of financial services and products for consumers, businesses, automotive dealers, and corporate clients in the United States. The company has market cap of $11.81 billion. It offers dealer financial services, including automotive finance and insurance products, mortgage finance, and corporate finance. It has a 13.33 P/E ratio. The firm also provides automotive finance services for clients and automotive dealers, such as inventory financing and leasing for new and used vehicles; term loans, including real estate, automotive fleet financing, and transportation and equipment financing; and vehicle remarketing services, as well as vehicle service contracts and guaranteed asset protection (GAP) waiver products.

More recent Ally Financial Inc. (NYSE:ALLY) news were published by: which released: “Ally Ventures Announces Strategic Investment in Greenlight Financial Technology” on February 21, 2018. Also published the news titled: “Senate passes bill easing Dodd-Frank” on March 15, 2018.‘s news article titled: “BRIEF-Ally Financial Inc Says ‍Jennifer A. Laclair Appointed As CFO Of Ally …” with publication date: March 01, 2018 was also an interesting one.

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