Market Exclusive

Ally Financial Inc (NYSE:ALLY) gets upgraded to Buy by Bank of America with a price target of $35.00

Analyst Ratings For Ally Financial Inc (NYSE:ALLY)

Today, Ally Financial Inc (NYSE:ALLY) stock received an upgrade by Bank of America from Neutral to Buy with a price target of $35.00.

There are 15 Buy Ratings, 6 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Ally Financial Inc (NYSE:ALLY) is Buy with a consensus target price of $32.75 per share, a potential 20.10% upside.

Some recent analyst ratings include


About Ally Financial Inc (NYSE:ALLY)
Ally Financial Inc. provides various financial products and services for consumers, businesses, automotive dealers, and corporate clients in the United States and Canada. The company operates Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments. The Automotive Finance Operations segment provides automotive financing services to consumers and automotive dealers. Its automotive finance services include providing retail installment sales contracts, loans and leases, term loans to dealers, financing dealer floorplans, other lines of credit to dealers, warehouse lines to companies, and fleet financing. This segment also offers financing services to companies and municipalities for the purchase or lease of vehicles and equipment, and vehicle remarketing services. The Insurance Operations segment offers consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers. The Mortgage Finance Operations segment manages held-for-investment consumer mortgage finance loan portfolio that includes bulk purchases of high-quality jumbo and LMI mortgage loans originated by third parties, as well as direct-to-consumer mortgage offerings. The Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to middle market companies. Its primary focus is on businesses owned by private equity sponsors with loans used for leveraged buyouts, mergers and acquisitions, debt refinancing, restructurings, and working capital. The company, through its subsidiary, Ally Bank, also offers commercial banking products and services. In addition, it provides digital wealth management and online brokerage platform services. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is headquartered in Detroit, Michigan.

Recent Trading Activity for Ally Financial Inc (NYSE:ALLY)
Shares of Ally Financial Inc closed the previous trading session at 27.20 −0.040 0.15% with 27.16 shares trading hands.

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