Ally Financial Reports Third Quarter 2017 Financial Results

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Ally Financial (ALLY) PT Raised to $33 at Bernstein

October 26, 2017 8:55 AM EDT

Bernstein raised its price target on Ally Financial (NYSE: ALLY) to $33.00 (from $31.00) while maintaining a Outperform rating following Q3 beat.

The firm is increasing 2017 EPS estimate from $2.33 to $2.35. They are also increasing 2018 EPS estimate from $2.77 to $2.80 due to slightly lower expenses and share count, partially offset by higher provision

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Ally Financial (ALLY) PT Raised to $32 at Jefferies

October 26, 2017 6:59 AM EDT

Jefferies raised its price target on Ally Financial (NYSE: ALLY) to $32.00 (from $28.00) while maintaining a Buy rating following solid Q3 results.

Analyst John Hecht said the quarter exhibited several positive factors including NIM upside, consistent credit, and ongoing strong expense controls

The continue to recommend the stock on improving fundamentals.

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Ally Financial (ALLY) Tops Q3 EPS by 6c

October 25, 2017 7:33 AM EDT

Ally Financial (NYSE: ALLY) reported Q3 EPS of $0.65, $0.06 better than the analyst estimate of $0.59.

For earnings history and earnings-related data on Ally Financial (ALLY) click here.

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