Analysts’ Weekly Ratings Changes for Ally Financial (ALLY)

Several brokerages have updated their recommendations and price targets on shares of Ally Financial (NYSE: ALLY) in the last few weeks:

  • 2/2/2018 – Ally Financial was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 1/31/2018 – Ally Financial had its price target raised by analysts at Credit Suisse Group AG from $32.00 to $34.00. They now have an “outperform” rating on the stock.
  • 1/31/2018 – Ally Financial had its price target raised by analysts at Morgan Stanley from $28.00 to $34.00. They now have an “overweight” rating on the stock.
  • 1/31/2018 – Ally Financial had its “outperform” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $35.00 price target on the stock, up previously from $30.00.
  • 1/31/2018 – Ally Financial was downgraded by analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating. They now have a $32.00 price target on the stock.
  • 1/30/2018 – Ally Financial had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $36.00 price target on the stock.
  • 1/30/2018 – Ally Financial was given a new $38.00 price target on by analysts at Oppenheimer Holdings Inc.. They now have a “buy” rating on the stock.
  • 1/22/2018 – Ally Financial had its “hold” rating reaffirmed by analysts at Sandler O’Neill.
  • 1/12/2018 – Ally Financial was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating.
  • 1/11/2018 – Ally Financial had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $35.00 price target on the stock.
  • 1/8/2018 – Ally Financial is now covered by analysts at Oppenheimer Holdings Inc.. They set a “buy” rating and a $38.00 price target on the stock.
  • 1/3/2018 – Ally Financial was given a new $27.00 price target on by analysts at Stephens. They now have a “sell” rating on the stock.
  • 1/2/2018 – Ally Financial was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $33.00 price target on the stock. According to Zacks, “Ally Financial’s shares have significantly outperformed the industry over the past six months. The performance was supported by the company’s impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters. The gradual improvement in net interest margin with the rise in rates should support top-line growth. While persistently increasing expenses are expected to hurt the company's bottom-line growth, its initiatives to diversify revenue base will support profitability in the quarters ahead. Also, the company's steady capital deployment plan reflects strong balance sheet position.”
  • 1/2/2018 – Ally Financial had its price target raised by analysts at Barclays PLC from $26.00 to $36.00. They now have an “overweight” rating on the stock.
  • 12/31/2017 – Ally Financial was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 12/22/2017 – Ally Financial had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $35.00 price target on the stock.

Ally Financial Inc (NYSE ALLY) traded up $0.50 during midday trading on Monday, reaching $28.07. 2,578,404 shares of the company’s stock traded hands, compared to its average volume of 3,927,904. The company has a debt-to-equity ratio of 3.32, a current ratio of 1.21 and a quick ratio of 1.21. The stock has a market capitalization of $12,190.00, a price-to-earnings ratio of 13.83, a price-to-earnings-growth ratio of 0.72 and a beta of 1.39. Ally Financial Inc has a 52 week low of $18.11 and a 52 week high of $31.29.

Ally Financial (NYSE:ALLY) last posted its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.70 EPS for the quarter, topping the consensus estimate of $0.59 by $0.11. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.43 billion. Ally Financial had a net margin of 13.73% and a return on equity of 8.10%. Ally Financial’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.54 earnings per share. research analysts anticipate that Ally Financial Inc will post 3.02 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 1.85%. This is a positive change from Ally Financial’s previous quarterly dividend of $0.12. The ex-dividend date is Wednesday, January 31st. Ally Financial’s payout ratio is presently 25.62%.

Ally Financial Inc is a digital financial services company. The Company is a bank and financial holding company. Its segments include Automotive Finance operations, Insurance operations, Mortgage Finance operations, Corporate Finance operations, and Corporate and Other. The Automotive Finance operations segment provides the United States-based automotive financing services to consumers and automotive dealers, and automotive and equipment financing services to companies and municipalities.

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