Keefe, Bruyette & Woods Initiates Coverage on FBL Financial Group (FFG) with a Market Perform; Remain on Sidelines
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Keefe, Bruyette & Woods initiates coverage on FBL Financial Group, Inc. (NYSE: FFG) with a Market Perform. Price target $7.
Keefe analyst says, "While the shares have pulled back significantly year to date, above-average liquidity risk and investment leverage, coupled with our cautious stance on the life group, keep us on the sidelines."
FBL Financial Group, Inc. sells individual life and annuity products principally under the consumer brand names, Farm Bureau Financial Services and EquiTrust Financial Services.
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