UBS Group Initiates Coverage on FGL (FG)
UBS Group assumed coverage on shares of FGL (NYSE:FG) in a report published on Friday morning, www.benzinga.com reports. The firm issued a buy rating and a $12.00 price objective on the stock.
A number of other equities research analysts have also recently commented on the company. JPMorgan Chase & Co. started coverage on FGL in a report on Tuesday, January 2nd. They set a neutral rating on the stock. Sandler O’Neill upgraded FGL from a hold rating to a buy rating in a report on Wednesday, February 7th.
Shares of FGL (NYSE:FG) traded up $0.01 during trading hours on Friday, reaching $9.75. The company’s stock had a trading volume of 553,832 shares, compared to its average volume of 446,996. FGL has a 52-week low of $8.65 and a 52-week high of $12.25.
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FGL Company Profile
FGL Holdings, formerly CF Corporation, is a holding company. Through its subsidiaries, the Company offers fixed annuities and life insurance products across the United States. The Company’s insurance subsidiaries include Fidelity & Guaranty Life Insurance Company (FGL Insurance), Fidelity & Guaranty Life Insurance Company of New York (FGL NY Insurance) and F & G Re Ltd.
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