Lincoln National Corporation (LNC) : Average target price received by Lincoln National Corporation (LNC) is $50 with an expected standard deviation of $3.46. The most aggressive target on the stock is $53, whereas the most downbeat target is $44. 7 financial analysts are currently covering the stock.
Lincoln National Corporation (LNC) : 9 analysts are covering Lincoln National Corporation (LNC) and their average rating on the stock is 2.39, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Lincoln National Corporation (LNC) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Also, Goldman Sachs downgrades their rating on the shares of Lincoln National Corporation (NYSE:LNC). The current rating of the shares is Neutral. Earlier, the shares were rated a Buy by the brokerage firm. Equity Analysts at the Firm lowers the price target to $46 per share from $51 per share. The rating by the firm was issued on July 15, 2016.
Lincoln National Corporation (NYSE:LNC): The stock opened at $48.20 on Thursday but the bulls could not build on the opening and the stock topped out at $48.47 for the day. The stock traded down to $46.98 during the day, due to lack of any buying support eventually closed down at $47.44 with a loss of -1.23% for the day. The stock had closed at $48.03 on the previous day. The total traded volume was 1,662,265 shares.
Lincoln National Corporation is a holding company, which operates multiple insurance and retirement businesses through subsidiary companies. The Company sells a range of wealth protection, accumulation and retirement income products and solutions, through its business segments. These products include fixed and indexed annuities, variable annuities, universal life insurance, variable universal life insurance, linked-benefit UL, term life insurance, indexed universal life insurance, employer-sponsored retirement plans and services, and group life, disability and dental. It operates in four segments: Annuities offers fixed (including indexed) and variable annuities. Retirement Plan Services provides employers with retirement plan products and services. Life Insurance focuses in the creation and protection of wealth through life insurance products. Group Protection offers principally group non-medical insurance products.