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Analysts Offer Insights on Financial Companies: JPMorgan Chase (JPM), Private Bancorp of America (OtherPBAM) and Ally Financial (ALLY)

Tipranks - Tue Apr 21, 6:18AM CDT

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

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JPMorgan Chase (JPM)

In a report released today, Matthew Kelley from KBW initiated coverage with a Buy rating on JPMorgan Chase and a price target of $363.00. The company’s shares closed last Friday at $310.29.

According to TipRanks.com, Kelley is ranked #3650 out of 12208 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JPMorgan Chase with a $335.87 average price target, representing a 7.5% upside. In a report issued on April 14, TipRanks – xAI also upgraded the stock to Buy with a $347.00 price target.

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Private Bancorp of America (PBAM)

In a report released today, Matthew Clark from Piper Sandler maintained a Buy rating on Private Bancorp of America, with a price target of $88.00. The company’s shares closed last Friday at $72.00.

According to TipRanks.com, Clark is a 5-star analyst with an average return of 10.3% and a 66.0% success rate. Clark covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, First Interstate Bancsystem, and Central Pacific Financial. ;'>

Currently, the analyst consensus on Private Bancorp of America is a Moderate Buy with an average price target of $84.00, implying a 21.7% 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.

Ally Financial (ALLY)

In a report released today, Brandon Berman from Bank of America Securities reiterated a Buy rating on Ally Financial, with a price target of $52.00. The company’s shares closed last Friday at $45.36, close to its 52-week high of $45.46.

According to TipRanks.com, Berman is a 3-star analyst with an average return of 4.6% and a 66.7% success rate. Berman covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, First Bancorp Puerto Rico, and Texas Capital Bancshares. ;'>

Ally Financial has an analyst consensus of Strong Buy, with a price target consensus of $52.46, which is a 18.8% 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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