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Wall Street Analysts Are Bullish on Top Financial Picks

Tipranks - Tue Apr 21, 7:06AM CDT

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Ally Financial (ALLY), Private Bancorp of America (PBAM) and Regions Financial (RF) with bullish sentiments.

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Ally Financial (ALLY)

In a report released today, Brian Foran from Truist Financial maintained a Buy rating on Ally Financial. The company’s shares closed last Friday at $45.36, close to its 52-week high of $45.46.

According to TipRanks.com, Foran is a 4-star analyst with an average return of 11.9% and a 76.6% success rate. Foran covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, First Citizens BancShares, and First Financial Bancorp. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ally Financial with a $52.67 average price target, a 19.3% upside from current levels. In a report issued on April 17, TipRanks – PerPlexity also upgraded the stock to Buy with a $47.00 price target.

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Private Bancorp of America (PBAM)

D.A. Davidson analyst Gary Tenner maintained a Buy rating on Private Bancorp of America today and set a price target of $91.00. The company’s shares closed last Friday at $72.00.

According to TipRanks.com, Tenner is a 5-star analyst with an average return of 17.6% and a 79.6% success rate. Tenner covers the Financial sector, focusing on stocks such as West Coast Community Bancorp, Pinnacle Financial Partners, and Community West Bancshares. ;'>

Currently, the analyst consensus on Private Bancorp of America is a Strong Buy with an average price target of $86.33, implying a 25.1% upside from current levels. In a report issued on April 16, Brean Capital also initiated coverage with a Buy rating on the stock with a $80.00 price target.

Regions Financial (RF)

In a report released today, Peter Winter from D.A. Davidson maintained a Buy rating on Regions Financial, with a price target of $32.00. The company’s shares closed last Friday at $28.13.

According to TipRanks.com, Winter is a 4-star analyst with an average return of 8.2% and a 60.6% success rate. Winter covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Dime Community Bancshares, and Texas Capital Bancshares. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Regions Financial with a $29.92 average price target, which is a 5.1% upside from current levels. In a report issued on April 17, TipRanks – xAI also upgraded the stock to Buy with a $31.00 price target.

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