Wunderlich Securities Raises StanCorp Financial Group Estimates And PT

Wunderlich Securities' expectations for StanCorp Financial Group

are higher as a result of the fantastic fundamental performance in 3Q10. “As a consequence, our price target is raised to $50 from $48 and our 2010 and 2011 EPS estimates are increased to $4.81 and $5.30 from $4.60 and $5.00, respectively,” Wunderlich Securities writes. “Our expectations for SFG have increased due to the anticipated benefits the company should derive from superior investment returns on its $4.6 billion commercial real estate portfolio.” Additionally, Wunderlich Securities expects the company's conservatively underwritten disability business will generate a benefit ratio in the 75% to 76% range over the next two years. Wunderlich Securities reiterated its Buy rating on SFG shares. StanCorp Financial Group, Inc. currently trades for $42.12.