Ally Financial Inc (NYSE: ALLY) stock suffered a major decline of -17.6% on 9/10/24. The shares closed at $32.67. Moreover, this decline was accompanied by exceptionally high trading volume at 836% of normal. The stock has declined -24.4% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ALLY is expected to continue to be an important Value Builder.
Ally Financial has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ally Financial has a very high Power Rating of 88 and a very high Appreciation Score of 93, leading to the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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