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Equities researchers at Sandler O’Neill assumed coverage on shares of Fidelity & Guaranty Life (NYSE:FGL) in a research report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

A number of other analysts have also recently weighed in on FGL. Analysts at Credit Suisse initiated coverage on shares of Fidelity & Guaranty Life in a research note to investors on Wednesday. They set an “outperform” rating and a $21.00 price target on the stock. Separately, analysts at Macquarie initiated coverage on shares of Fidelity & Guaranty Life in a research note to investors on Wednesday. They set an “outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. initiated coverage on shares of Fidelity & Guaranty Life in a research note to investors on Wednesday. They set a “neutral” rating and a $21.00 price target on the stock. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Fidelity & Guaranty Life presently has an average rating of “Buy” and an average target price of $22.00.

Shares of Fidelity & Guaranty Life (NYSE:FGL) traded up 0.77% on Wednesday, hitting $19.73. 27,266 shares of the company’s stock traded hands. Fidelity & Guaranty Life has a one year low of $18.12 and a one year high of $19.98. The stock’s 50-day moving average is $18.95 and its 200-day moving average is $18.95.

Fidelity & Guaranty Life is a holding company. The Company offers various types of fixed annuities and life insurance products through its insurance subsidiaries: Fidelity & Guaranty Life Insurance Company (NYSE:FGL) and Fidelity & Guaranty Life Insurance Company of New York (FGL NY Insurance).

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