Ally Financial Inc. (ALLY) Reaches $27.62 52-Week High; Pioneer Floating Rate Trust (PHD) Sentiment Is 1.31

December 5, 2017 - By Winifred Garcia

It closed at $11.5 lastly. It is down 9.44% since December 5, 2016 and is uptrending. It has underperformed by 7.26% the S&P500.

The stock of Ally Financial Inc. (NYSE:ALLY) hit a new 52-week high and has $29.00 target or 5.00% above today’s $27.62 share price. The 8 months bullish chart indicates low risk for the $12.21B company. The 1-year high was reported on Dec, 5 by Barchart.com. If the $29.00 price target is reached, the company will be worth $610.65M more. The stock increased 0.22% or $0.06 during the last trading session, reaching $27.62. About 553,767 shares traded. Ally Financial Inc. (NYSE:ALLY) has risen 12.72% since December 5, 2016 and is uptrending. It has underperformed by 3.98% the S&P500.




Among 20 analysts covering Ally Financial (NYSE:ALLY), 16 have Buy rating, 1 Sell and 3 Hold. Therefore 80% are positive. Ally Financial has $32.0 highest and $22 lowest target. $26.81’s average target is -2.93% below currents $27.62 stock price. Ally Financial had 43 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Buy” rating by Compass Point on Wednesday, February 3. The company was downgraded on Friday, April 8 by Bank of America. The stock has “Buy” rating by Wood on Friday, April 7. Keefe Bruyette & Woods maintained the shares of ALLY in report on Thursday, July 27 with “Buy” rating. BMO Capital Markets maintained the shares of ALLY in report on Friday, October 6 with “Buy” rating. The firm earned “Overweight” rating on Tuesday, January 3 by Barclays Capital. The company was downgraded on Tuesday, February 28 by Sandler O’Neill. The stock has “Buy” rating by Keefe Bruyette & Woods on Friday, September 22. Credit Suisse maintained Ally Financial Inc. (NYSE:ALLY) on Thursday, October 26 with “Outperform” rating. The stock of Ally Financial Inc. (NYSE:ALLY) earned “Buy” rating by Piper Jaffray on Tuesday, July 11.

Analysts await Ally Financial Inc. (NYSE:ALLY) to report earnings on January, 30. They expect $0.58 earnings per share, up 7.41% or $0.04 from last year’s $0.54 per share. ALLY’s profit will be $256.46M for 11.91 P/E if the $0.58 EPS becomes a reality. After $0.65 actual earnings per share reported by Ally Financial Inc. for the previous quarter, Wall Street now forecasts -10.77% negative EPS growth.

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