StanCorp Financial Group Given Neutral Rating at Credit Suisse (SFG)
StanCorp Financial Group (NYSE:SFG)‘s stock had its “neutral” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Thursday. They currently have a $63.00 target price on the stock, down from their previous target price of $65.00. Credit Suisse’s price target indicates a potential upside of 1.45% from the stock’s previous close.
SFG has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of StanCorp Financial Group in a research note on Thursday. They now have a $65.00 price target on the stock. Finally, analysts at Morgan Stanley upgraded shares of StanCorp Financial Group from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, April 30th. One analyst has rated the stock with a sell rating and six have given a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $63.60.
StanCorp Financial Group (NYSE:SFG) traded down 2.81% during mid-day trading on Thursday, hitting $60.355. 227,817 shares of the company’s stock traded hands. StanCorp Financial Group has a 52 week low of $51.80 and a 52 week high of $69.51. The stock has a 50-day moving average of $63.35 and a 200-day moving average of $63.91. The company has a market cap of $2.640 billion and a P/E ratio of 11.92.
StanCorp Financial Group (NYSE:SFG) last released its earnings data on Wednesday, July 23rd. The company reported $0.96 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.22 by $0.26. The company had revenue of $701.10 million for the quarter, compared to the consensus estimate of $701.60 million. During the same quarter last year, the company posted $1.30 earnings per share. StanCorp Financial Group’s revenue was down 2.2% compared to the same quarter last year. Analysts expect that StanCorp Financial Group will post $5.08 EPS for the current fiscal year.
StanCorp Financial Group, Inc (NYSE:SFG) is a holding company.
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