Citigroup Rates Ally Financial (ALLY) buy, $58 Price Target

Citigroup maintains its Buy rating on Ally Financial, setting a target price of $58, a 23.52% upside from the current price.

By EarningsIQ Research Desk · Published Jun 23, 2026, 11:01 AM EDT · Updated Jun 26, 2026, 9:01 AM EDT

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Citigroup rated Ally Financial Inc. ($ALLY) "buy" with a $58 price target on June 23, 2026.

Since the rating, $ALLY is up 1.6% after 1 week, down 2.8% after 1 month and down 16.1% to date (from the $44.92 close on Jun 23, 2026).

ALLY Ally Financial Inc.

$37.68 -15.93% year to date

Daily close · Oct 16, 2026

Key Points

Citigroup reiterated its Buy rating on Ally Financial Inc., setting a $58 price target as of June 23, 2026.
Citigroup's $58 price target implies 23.52% upside from Ally Financial Inc.'s ($ALLY) current $46.95 share price.
Ally Financial's stock traded at $45.38 on Tuesday, with a market cap of approximately $13.97 billion and a P/E ratio of 11.06.
Insider buying activity includes multiple purchases by executives in May, with shares bought at an average price of $41.99.

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Citigroup has reiterated its Buy rating for Ally Financial Inc. (NYSE:ALLY), setting a price target of $58. This rating was reaffirmed on June 23, 2026, by analyst Keith Horowitz. Shares of Ally Financial traded at $45.38 on Tuesday.

Analyst rating track record

Citigroup vs. the S&P 500

YTD return -2.20% hypothetical

All-time return +32.45% S&P 500 +29.29%

vs. S&P 500 +3.16% ahead of the index

Hypothetical returns from Citigroup's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Ally Financial

Several institutional investors have adjusted their positions in Ally Financial. BlackRock, Inc. increased its holdings by 1,103,996 shares, bringing its total to 28,534,233 shares valued at about $1.12 billion, marking a 4% increase. Meanwhile, Harris Associates L.P. trimmed its stake by 635,463 shares, ending with 26,410,285 shares worth approximately $1.04 billion, a 2.3% decrease. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions with 13,349,079 and 12,473,847 shares, respectively, valued at $523.68 million and $489.35 million. Wellington Management Group LLP reduced its holdings by 2,912,382 shares, resulting in 11,358,908 shares valued at $445.61 million, a 20.4% decrease.

Ally Financial Inc. Stock Up 17.4%

On Tuesday, Ally Financial's stock was trading near $45.38. The company has a market capitalization of approximately $13.97 billion and a P/E ratio of 11.06. Its forward P/E is 7.03, and the beta is 1.094, indicating moderate volatility. Over the past year, the stock has ranged from a low of $35.92 to a high of $47.27. The 50-day moving average is $43.29, while the 200-day moving average stands at $41.77.

12-month forecast

$ALLY price target

Ally Financial Inc. daily closes and this analyst's $58 target. Not advice.

Recent Earnings

Ally Financial reported revenue of $7.69 billion, with a revenue growth rate of 19.7%. The company has an EPS of $4.12, a net margin of 18.16%, and a return on equity of 9.36%. The next earnings report is expected on July 21, 2026.

Dividend

Ally Financial pays an annual dividend rate of $1.20, resulting in a yield of 2.64%. The dividend payout ratio is 29.13%.

Insider Buying and Selling at Ally Financial Inc.

Recent insider activity at Ally Financial includes several purchases on May 15, 2026. Franklin Hobbs IV, William Cary, Thomas Gibbons, Brian Sharples, and Tracey Drake Weber each bought 3,632 shares at an average price of $41.99. Additionally, Stephanie Richard, the Chief Risk Officer, sold 5,000 shares at $42.14 under a planned transaction.

Analysts Set New Price Targets

On June 23, 2026, Citigroup maintained its Buy rating on Ally Financial, setting a price target of $58. Evercore ISI Group and Goldman Sachs also maintained Buy ratings, with price targets of $54 and $56, respectively. The consensus recommendation for Ally Financial is a Buy, with an average target price of $54.11 based on 17 analyst opinions.

About Ally Financial Inc.

Ally Financial Inc. is a digital financial services company headquartered in Detroit, Michigan. It offers a variety of financial products and services, including automotive financing, insurance, and corporate finance operations in the United States and Canada. The company, led by CEO Michael G. Rhodes, employs approximately 10,300 people. Ally Financial provides automotive financing services, consumer finance protection, and insurance products. It also offers commercial real estate and treasury activities.

Bottom Line

Citigroup's reaffirmation of its Buy rating for Ally Financial Inc. with a $58 price target highlights continued confidence in the company's financial outlook. Investors will be watching closely for the upcoming earnings report on July 21, 2026. As a major player in the financial services sector, Ally Financial's performance is closely monitored by institutional investors and analysts alike.