Lincoln National (NYSE:LNC) target price raised to $55.00, reported today by FBR & Co.
- Updated: October 18, 2016
Boasting a price of $48.82, Lincoln National (NYSE:LNC) traded 0.49% higher on the day. With the last stock price close up 11.52% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Lincoln National has recorded a 50-day average of $47.45 and a two hundred day average of $43.99. Volume of trade was down over the average, with 716,677 shares of LNC changing hands under the typical 1,709,640
Lincoln National (NYSE:LNC) had its stock price target increased to $55.00 by FBR & Co. in an issued report announced 10/18/2016. The upped price target suggests a potential upside of 0.13% from the company's most recent stock price close.
With a total market value of $0, Lincoln National has price-earnings ratio of 11.75 with a one year low of $30.39 and a one year high of $57.54 .
A total of 14 equity analysts have released a ratings update 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.
Brief Synopsis About Lincoln National (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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