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Analysts Offer Insights on Financial Companies: Toronto Dominion Bank (TD) and Ally Financial (ALLY)

Tipranks - Tipranks - Sat May 30, 4:44AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Toronto Dominion Bank (TD) and Ally Financial (ALLY).

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Toronto Dominion Bank (TD)

Barclays analyst Brian Morton maintained a Sell rating on Toronto Dominion Bank today and set a price target of C$140.00. The company’s shares closed last Thursday at $113.34.

According to TipRanks.com, Morton is ranked 0 out of 5 stars with an average return of -8.6% and a 33.3% success rate. Morton covers the Financial sector, focusing on stocks such as Grupo Financiero Banorte SAB de CV, Grupo Financiero Inbursa SAB de CV, and Canadian Bank of Commerce. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Toronto Dominion Bank with a $110.16 average price target.

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Ally Financial (ALLY)

Wells Fargo analyst Donald Fandetti reiterated a Buy rating on Ally Financial yesterday and set a price target of $52.00. The company’s shares closed last Thursday at $42.80.

According to TipRanks.com, Fandetti is a 5-star analyst with an average return of 9.7% and a 61.6% success rate. Fandetti covers the Financial sector, focusing on stocks such as Capital One Financial, Synchrony Financial, and PennyMac Financial. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ally Financial with a $52.55 average price target, a 23.1% upside from current levels. In a report issued on May 14, TipRanks – Google also upgraded the stock to Buy with a $47.00 price target.

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