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Equities research analysts at Barclays assumed coverage on shares of Ally Financial (NYSE:ALLY) in a research note issued to investors on Tuesday. The firm set an “overweight” rating and a $28.00 price target on the stock. Barclays’ target price suggests a potential upside of 14.52% from the stock’s previous close.

A number of other firms have also recently commented on ALLY. Analysts at Morgan Stanley initiated coverage on shares of Ally Financial in a research note on Tuesday. They set an “overweight” rating and a $30.00 price target on the stock. Separately, analysts at Bank of America initiated coverage on shares of Ally Financial in a research note on Tuesday. They set a “neutral” rating and a $26.00 price target on the stock. Finally, analysts at Evercore Partners initiated coverage on shares of Ally Financial in a research note on Tuesday. They set an “equal weight” rating and a $26.00 price target on the stock. Six analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $27.92.

Shares of Ally Financial (NYSE:ALLY) traded down 0.57% during mid-day trading on Tuesday, hitting $24.31. 597,168 shares of the company’s stock traded hands. Ally Financial has a 52-week low of $23.76 and a 52-week high of $27.9032. The stock has a 50-day moving average of $26.92 and a 200-day moving average of $26.62. The company’s market cap is $11.664 billion.

Ally Financial (NYSE:ALLY) last released its earnings data on Thursday, May 1st. The company reported $0.33 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.42 by $0.09. Analysts expect that Ally Financial will post $1.69 EPS for the current fiscal year.

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