Ally Financial Receives New Coverage from Analysts at Evercore Partners (ALFI)

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Analysts at Evercore Partners assumed coverage on shares of Ally Financial (NASDAQ:ALFI) in a research report issued to clients and investors on Tuesday. The firm set an “equal weight” rating and a $26.00 price target on the stock. Evercore Partners’ price target would suggest a potential downside of 97.24% from the stock’s previous close.

Separately, analysts at Morgan Stanley initiated coverage on shares of Ally Financial in a research note on Tuesday. They set an “overweight” rating and a $30.00 price target on the stock. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $27.88.

Shares of Ally Financial (NASDAQ:ALFI) opened at 943.08 on Tuesday. Ally Financial has a one year low of $860.00 and a one year high of $1008.99. The stock has a 50-day moving average of $984.7 and a 200-day moving average of $959.8.

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