FBR & Co. announced Lincoln National Corporation (NYSE:LNC), boosting its stock price target to $55.00 today
- Updated: October 18, 2016
In a report released on 10/18/2016 FBR & Co. increased the stock price target of Lincoln National Corporation (NYSE:LNC) from $52.00 to $55.00 reporting a possible upside of 0%.
Just yesterday Lincoln National Corporation (NYSE:LNC) traded 0.49% higher at $0.00. Lincoln National Corporation’s 50-day moving average is $47.45 and its 200-day moving average is $43.99. The last stock price is down 11.52% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 716,677 shares of LNC traded hands, down from an average trading volume of 1,709,640
Recent Performance Chart
Lincoln National Corporation has price-earnings ratio of 11.75 with a one year low of $30.39 and a one year high of $57.54 and has a total market value of $0.
A total of 14 equity analysts have released a research note on LNC. Four equity analysts rating the company a strong buy, five equity analysts rating the company a buy, seven equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $51.86.
More About Lincoln National Corporation (NYSE:LNC)
Lincoln National Corporation is a holding company, which operates 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. It operates through four segments: Annuities segment, which offers fixed (including indexed) and variable annuities; Retirement Plan Services segment, which provides employers with retirement plan products and services; Life Insurance segment, which focuses in the creation and protection of wealth through life insurance products, and Group Protection, which offers principally group non-medical insurance products. 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.
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