Truist has revised its price target for Ally Financial (ALLY, Financial), reducing it to $41 from the previous $45, although maintaining a Buy rating for the company. This adjustment reflects the impact of realized securities losses reported in the first quarter. As a result, Truist has also modified its earnings per share (EPS) projections for Ally Financial. The firm now anticipates the 2025 EPS to be $2.20, down from the earlier forecast of $3.03. Additionally, the 2026 EPS estimate has been slightly adjusted to $5.95 from $6.00.
The revisions underscore the financial firm's response to recent developments affecting Ally Financial's performance metrics, influencing its medium-term outlook. Despite the downward adjustments, the continued Buy rating suggests that Truist sees potential for growth in Ally's stock amidst prevailing market conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Ally Financial Inc (ALLY, Financial) is $42.60 with a high estimate of $56.00 and a low estimate of $30.00. The average target implies an upside of 41.35% from the current price of $30.14. More detailed estimate data can be found on the Ally Financial Inc (ALLY) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Ally Financial Inc's (ALLY, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Ally Financial Inc (ALLY, Financial) in one year is $33.55, suggesting a upside of 11.33% from the current price of $30.135. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Ally Financial Inc (ALLY) Summary page.
