A report released today by Zacks Investment Research about Ally Financial Inc (NYSE:ALLY) bumps the target price to $21.00
- Updated: September 20, 2016
Only yesterday Ally Financial Inc (NYSE:ALLY) traded 0.31% lower at $19.01. The company’s 50-day average is $19.25 and its 200-day moving average is $17.89. The last stock price is up 6.88% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. 1,616,360 shares of ALLY were exchanged, down from ann avg. volume of 3,512,750.
Reporting a possible upside of 0.10%, Zacks Investment Research bumped the target price of Ally Financial Inc (NYSE:ALLY) to $21
Recent Performance Graph:
In addition to Zacks Investment Research reporting it’s target price, a total of 18 equity analysts have released a research note on Ally Financial Inc. The average target price is $25.06 with seven analysts rating the stock a strong buy, 11 analysts rating the company a buy, one firm rating the stock a hold, 0 rating the company to underperform, and lastly 0 analysts rating the company as sell.
Ally Financial Inc has a 52 week low of $14.55 and a 52 week high of $21.21. The company’s market cap is presently $0.0.
Brief Synopsis About Ally Financial Inc (NYSE:ALLY)
Ally Financial Inc. is a financial holding company and a bank holding company. The Company’s banking subsidiary, Ally Bank, is a franchise in the Internet, telephone, mobile and mail banking market. The Company operates through three segments: Automotive Finance operations, Insurance operations and Mortgage operations. Its Automotive Finance operations segment provides automotive financing services to consumers and automotive dealers. Its Insurance operations segment offers both consumer financial and insurance products sold through the automotive dealer channel, and commercial insurance products sold to dealers. Its Mortgage operations segment includes the management of its held-for-investment mortgage loan portfolio and the execution of bulk purchases of jumbo and low-to-moderate income (LMI) mortgage loans originated by third parties. Its main lines of business are Dealer Financial Services, which includes its Automotive Finance and Insurance operations, and and Mortgage.
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