Ally Financial Receives Non-Objection to CCAR Capital Plan
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March 12, 2015 8:56 AM EDT
Credit Suisse analyst M. Orenbuch reiterated a Neutral rating and lifted the price target on Ally Financial (NYSE: ALLY) to $25.00 (from $24.00) after the company was granted permission to repurchase $1.3 bn of the Series G preferred and $1 billion of the Series A... More
March 12, 2015 6:31 AM EDT
Evercore ISI upgraded Ally Financial (NYSE: ALLY) from Hold to Buy with a price target of $25.00 (from $24.00).
For an analyst ratings summary and ratings history on Ally Financial click here. For more ratings news on Ally Financial click here.
Shares of Ally Financial closed at $20.83 yesterday.
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March 11, 2015 4:41 PM EDT
Ally Financial Inc. (NYSE: ALLY) today announced that it received a non-objection on its capital plan from the Federal Reserve, including the proposed capital actions contained in its 2015 Comprehensive Capital Analysis and Review (CCAR) submission. Ally's capital plan includes the continued payment of dividends and interest to holders of its outstanding capital securities, as well as a number of meaningful actions intended to further rationalize the... More
