Deutsche Bank Initiates StanCorp At Hold

Analysts at Deutsche Bank Initiated coverage on StanCorp Financial Group SFG with a hold rating and $67 price target on Tuesday.

Yaron Kinar feels interest rates are currently to low to yield strong upside in shares of StanCorp. Kinar Stated,” In our view StanCorp would need interest rates to rise to the
4% range and more significant job growth to see ROEs return to their historical 14% range.”

Downside is also limited as analysts feel the negatives that surround the name have already been priced into the stock price.

Last earnings, StanCorp reported EPS of $0.97 versus $1.22 estimate missing by 20 percent.

Shares of StanCorp recently traded at $65.80 down 0.5 percent.