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Analysts Offer Insights on Financial Companies: Ally Financial (ALLY), Franklin Resources (BEN) and Charles Schwab (SCHW)

Tipranks - Wed Apr 8, 7:14AM CDT

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Ally Financial (ALLY), Franklin Resources (BEN) and Charles Schwab (SCHW) with bullish sentiments.

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Ally Financial (ALLY)

In a report released yesterday, Ryan Nash from Goldman Sachs maintained a Buy rating on Ally Financial, with a price target of $50.00. The company’s shares closed last Monday at $40.32.

According to TipRanks.com, Nash is a 5-star analyst with an average return of 10.8% and a 64.8% success rate. Nash covers the Financial sector, focusing on stocks such as Capital One Financial, American Express, and Enact Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ally Financial with a $51.31 average price target, which is a 28.7% upside from current levels. In a report issued on March 31, TD Cowen also maintained a Buy rating on the stock with a $49.00 price target.

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Franklin Resources (BEN)

TD Cowen analyst William Katz maintained a Buy rating on Franklin Resources today and set a price target of $36.00. The company’s shares closed last Monday at $23.40.

According to TipRanks.com, Katz is a 5-star analyst with an average return of 8.1% and a 55.5% success rate. Katz covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Apollo Global Management. ;'>

Currently, the analyst consensus on Franklin Resources is a Moderate Sell with an average price target of $26.67, representing a 14.1% upside. In a report issued on March 24, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $27.00 price target.

Charles Schwab (SCHW)

In a report released yesterday, Alexander Blostein from Goldman Sachs maintained a Buy rating on Charles Schwab, with a price target of $124.00. The company’s shares closed last Monday at $92.99.

According to TipRanks.com, Blostein is a 5-star analyst with an average return of 16.3% and a 68.1% success rate. Blostein covers the Financial sector, focusing on stocks such as Apollo Global Management, Bank of New York Mellon, and Affiliated Managers. ;'>

Currently, the analyst consensus on Charles Schwab is a Strong Buy with an average price target of $120.45, implying a 28.3% upside from current levels. In a report issued on March 24, TipRanks – xAI also upgraded the stock to Buy with a $107.00 price target.

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