You're right and wrong at the same time
Jägers use Elite armour (75% rec. damage/75% rec accuracy) and have 90 hitpoints. Those are equal to vet 2 stats from Stormtroopers, which is correct. However, Stormtroopers without vet 2 do not have a better armourtype, they use tp_infantry, which is the same as Volks and riflemen have. Wehr units do not possess airborne armour infantry.
These stats do not sound too impressive, however, they get the normal vet bonuses from Ostheer on top (less rec. accuracy less reload, longer burst durations, less received damage, more accuracy, more damage etc), so they essentially become a lot more potent than Stormtroopers in the course of the game.
Also, their abilities and weapon packages are completely suited to support an early vehicle, especially if you're using Panzerkrieg. Dual Wehrmacht (!) schrecks for 100 ammo are very cost efficient, the Tellermines provide engine damage + massive damage to light vehicles and make it easier for schrecks to hit their targets. If you compare them to tank hunters: Tankhunters have less men, their schreck deals 25% less damage (120 -> 90) and they require teching to get a 2nd schreck. Jägers get them out of the box. 3x G43 also make them very potent on every range, and they also benefit a lot from Panzerkrieg. 4x MP44 for 125 are also cheaper than their Wehr counterparts.
So, overall they're more suited for offense rather than sneaky flanking.