UBS AG Increases StanCorp Financial Group Price Target to $52.00 (SFG)
Equities research analysts at UBS AG hoisted their target price on shares of StanCorp Financial Group (NYSE:SFG) from $46.00 to $52.00 in a research note issued to investors on Wednesday, Analyst Ratings.Net reports. The firm currently has a “sell” rating on the stock. UBS AG’s price target indicates a potential downside of 12.01% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs Group Inc. upgraded shares of StanCorp Financial Group from a “sell” rating to a “neutral” rating in a research note to investors on Friday, September 20th. They now have a $55.00 price target on the stock, up previously from $47.00. Separately, analysts at Zacks reiterated an “outperform” rating on shares of StanCorp Financial Group in a research note to investors on Thursday, September 5th. They now have a $65.00 price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of StanCorp Financial Group from $53.00 to $55.00 in a research note to investors on Thursday, July 25th. They now have a “neutral” rating on the stock. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $52.86.
Shares of StanCorp Financial Group (NYSE:SFG) traded up 0.69% on Wednesday, hitting $59.51. The stock had a trading volume of 132,556 shares. StanCorp Financial Group has a 52 week low of $30.79 and a 52 week high of $56.07. The stock has a 50-day moving average of $54.04 and a 200-day moving average of $47.13. The company has a market cap of $2.643 billion and a price-to-earnings ratio of 13.97.
StanCorp Financial Group (NYSE:SFG) last released its earnings data on Wednesday, October 23rd. The company reported $1.45 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.04 by $0.41. The company had revenue of $702.00 million for the quarter, compared to the consensus estimate of $713.25 million. During the same quarter in the prior year, the company posted $1.05 earnings per share. On average, analysts predict that StanCorp Financial Group will post $4.58 earnings per share for the current fiscal year.
StanCorp Financial Group, Inc (NYSE:SFG) is a holding company.
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