Zacks Rating on Ally Financial (ALLY)

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) stock is expected to deviate a maximum of $3.47 from the average target price of $23.64 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $28 and the most muted being $19.


Shares of Ally Financial Inc. rose by 0.36% in the last five trading days and 11% for the last 4 weeks. Ally Financial Inc. is up 14.51% in the last 3-month period. Year-to-Date the stock performance stands at 4.99%. Ally Financial (NYSE:ALLY): stock turned positive on Tuesday. Though the stock opened at $19.63, the bulls momentum made the stock top out at $19.755 level for the day. The stock recorded a low of $19.54 and closed the trading day at $19.57, in the green by 0.36%. The total traded volume for the day was 2,534,370. The stock had closed at $19.5 in the previous days trading.

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.

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