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Analysts Are Bullish on These Financial Stocks: National Australia Bank Limited (NAUBF), Ally Financial (ALLY)

Tipranks - Mon Apr 13, 7:22AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on National Australia Bank Limited (NAUBF) and Ally Financial (ALLY) with bullish sentiments.

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National Australia Bank Limited (NAUBF)

In a report issued on April 10, Andrew Lyons from Jefferies maintained a Buy rating on National Australia Bank Limited, with a price target of A$50.01. The company’s shares closed last Tuesday at $32.14.

According to TipRanks.com, Lyons is a 3-star analyst with an average return of 4.0% and a 51.0% success rate. Lyons covers the Financial sector, focusing on stocks such as Bendigo & Adelaide Bank, ANZ Group Holdings, and Bank of Queensland. ;'>

Currently, the analyst consensus on National Australia Bank Limited is a Moderate Sell with an average price target of $29.36.

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Ally Financial (ALLY)

In a report issued on April 10, Jon Arfstrom from RBC Capital maintained a Buy rating on Ally Financial, with a price target of $52.00. The company’s shares closed last Friday at $41.27.

According to TipRanks.com, Arfstrom is a 5-star analyst with an average return of 13.1% and a 57.2% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Old National Bancorp Capital, and Pinnacle Financial Partners. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ally Financial with a $51.23 average price target, representing a 22.6% upside. 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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