Citi maintains buy on Ally Financial, keeps $55 price target

Published 15/05/2025, 10:50
Citi maintains buy on Ally Financial, keeps $55 price target

On Thursday, Citi analysts, led by Keith Horowitz, reaffirmed their Buy rating on Ally Financial (NYSE:ALLY) shares, with a steady price target of $55.00. Currently trading at $35.78, with a market capitalization of $11 billion, Ally shows mixed signals according to InvestingPro data, which indicates the stock is trading near its Fair Value. Horowitz highlighted the increased debate among investors regarding the company’s financial targets, which has been met with skepticism due to Ally’s history. While 14 analysts have recently revised their earnings downward, Horowitz sees this skepticism as an opportunity for buyers, believing that Ally’s path to improved returns is becoming more apparent, especially as the market approaches the fourth quarter of 2025. The company has demonstrated stability through its 10-year track record of consistent dividend payments.

The analyst addressed two main concerns among investors. The first is whether Ally Financial can meet its net interest margin (NIM) goal of 3.80%. Horowitz expressed confidence in this target, stating it is very attainable, even with current interest rates and the possibility of an inverted yield curve between short-term and three-year rates. The reasoning behind this confidence is detailed in the report’s Figure 2.

The second concern involves credit risk. Horowitz remains optimistic that Ally will stay within the higher end of the normalized range for auto loan losses, which is between 160 and 180 basis points. This projection is based on updates to the company’s models and recent vintage updates found in the 10-Q report. The analyst’s positive stance on credit is further explained in Figure 3 of the report.

In summary, despite the debates surrounding Ally Financial’s future performance, Citi’s analysis suggests that the company is on track to achieve its financial targets. Horowitz’s reiteration of the Buy rating and the $55.00 price target underscores Citi’s view that Ally Financial remains a top pick within the sector. For deeper insights into Ally’s financial health and comprehensive analysis, investors can access the detailed Pro Research Report available on InvestingPro, which covers over 1,400 US stocks with expert analysis and actionable intelligence.

In other recent news, Ally Financial Inc. reported its first-quarter earnings for 2025, exceeding analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $0.58, surpassing the forecasted $0.47, alongside adjusted net revenue of $2.1 billion, which was higher than the anticipated $2.03 billion. Ally Financial also completed the sale of its credit card business on April 1, 2025, as part of its strategy to focus on core operations such as auto lending and digital banking. In another development, Barclays (LON:BARC) maintained an Equalweight rating on Ally Financial with a $44.00 price target, noting potential risks from trade policies affecting the auto industry. Meanwhile, Truist Securities adjusted its price target for Ally Financial to $41.00 from $45.00 but maintained a Buy rating, reflecting on the actual securities loss realized in the first quarter. The firm revised Ally’s 2025 earnings per share estimates to $2.20, down from $3.03. Additionally, Ally Financial announced the appointment of Michelle J. Goldberg to its Board of Directors, while also noting the retirement of Kenneth J. Bacon. These developments highlight the company’s ongoing strategic adjustments and market responses.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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