Wunderlich Provides Color on StanCorp Financial Group, Buy

Wunderlich Securities provided color on StanCorp Financial Group SFG after a meeting with its senior management. In a research report published today, Wunderlich stressed it believes the company is more than capable and willing to resolve its current problems. In the report, Wunderlich states, "We believe slicing and dicing the data every which way from Sunday proves SFG has the experience and level of expertise to successfully address the issues. SFG spent the majority of time with investors focused on where the claims were, who had the claims, what type of claims, etc., to conclude that no concrete "easy to fix" pattern emerged. We believe the presentations articulated the level of understanding and detail as well as the care SFG has taken to understand the group disability market, which remains the company's dominant product line." At the moment, Wunderlich has a Buy rating on the company's stock. On Monday, StanCorp lost 0.02% of its value to close the day at $42.78.
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Posted In: Analyst ColorAnalyst RatingsFinancialsLife & Health InsuranceStanCorp Financial GroupWunderlich
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