Ally Financial (ALLY) : 6 brokerage houses believe that Ally Financial (ALLY) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Ally Financial (ALLY). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 1.67.
Ally Financial (ALLY) : Average target price received by Ally Financial (ALLY) is $24 with an expected standard deviation of $2.94. The most aggressive target on the stock is $28, whereas the most downbeat target is $21. 7 financial analysts are currently covering the stock.
Ally Financial (NYSE:ALLY): After opening at $19.4, the stock dipped to an intraday low of $19.37 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $19.65 and the buying power remained strong till the end. The stock closed at $19.5 for the day, a gain of 0.52% for the day session. The total traded volume was 3,611,607. The stocks close on the previous trading day was $19.4.
Ally Financial Inc. is a financial holding company and a bank holding company. It is an independent, diversified financial services firm. Its banking subsidiary, Ally Bank, is an indirect wholly owned subsidiary of the Company and a franchise in the Internet, telephone, mobile and mail banking market. Dealer Financial Services, which includes the Companys Automotive Finance and Insurance operations, and Mortgage are its primary lines of business. Ally Bank offers deposit products, such as checking, savings and certificates of deposit (CDs), as well as several raise-your-rate CD terms, IRA deposit products, Popmoney person-to-person transfer service, eCheck remote deposit capture, Ally Perks debit rewards program and Mobile Banking.