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Analysts Offer Insights on Financial Companies: Ally Financial (ALLY) and Fairfax Financial Holdings (OtherFRFHF)

Tipranks - Thu Jan 22, 7:28PM CST

Analysts have been eager to weigh in on the Financial sector with new ratings on Ally Financial (ALLYResearch Report) and Fairfax Financial Holdings (FRFHFResearch Report).

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Ally Financial (ALLY)

TD Cowen analyst Moshe Orenbuch reiterated a Buy rating on Ally Financial today and set a price target of $55.00. The company’s shares closed last Wednesday at $42.43.

According to TipRanks.com, Orenbuch is a top 100 analyst with an average return of 23.9% and a 69.5% success rate. Orenbuch covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Capital One Financial, and Enova International. ;'>

Ally Financial has an analyst consensus of Strong Buy, with a price target consensus of $54.17, which is a 33.8% upside from current levels. In a report issued on January 12, J.P. Morgan also maintained a Buy rating on the stock with a $48.00 price target.

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Fairfax Financial Holdings (FRFHF)

Fairfax Financial Holdings received a Hold rating and a C$2500.00 price target from BMO Capital analyst Tom Mackinnon yesterday. The company’s shares closed last Wednesday at $1750.11.

According to TipRanks.com, Mackinnon is a 5-star analyst with an average return of 17.1% and a 74.1% success rate. Mackinnon covers the Financial sector, focusing on stocks such as Sun Life Financial, Manulife Financial, and IGM Financial. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Fairfax Financial Holdings with a $2114.21 average price target.

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