Benzinga | Aug 19, 2020 11:02AM EDT

Why FBL Financial's Stock Is Trading Higher Today

FBL Financial Group (NYSE:FFG) shares were trading higher on Wednesday after Raymond James upgraded the stock from Market Perform to Outperform and announced a price target of $60 price target.

FBL Financial Group is an American financial services company. The group has three subsidiaries: Farm Bureau Life Insurance Company, Greenfields Life Insurance Company, Farm Bureau Property & Casualty Insurance Company, and Western Agricultural Insurance Company.

Farm Bureau Life Insurance Company offers various lines of life insurance, annuity, and investment products. Greenfields Life Insurance Company offers a wide range of life insurance, annuity, and investment products. Farm Bureau Property & Casualty Insurance Company and Western Agricultural Insurance Company offer full lines of personal and commercial property-casualty insurance products.

FBL Financial Group's stock was trading up 4.33% at $37.68 per share at the time of publication on Wednesday. The stock has a 52-week high of $61.45 and a 52-week low of $29.01.