KBW analyst Ryan Krueger assigned a Hold rating to Lincoln National (LNC – Research Report) yesterday and set a price target of $32.00. The company’s shares closed yesterday at $26.93.
According to TipRanks, Krueger is a 5-star analyst with an average return of 12.8% and a 70.90% success rate. Krueger covers the Financial sector, focusing on stocks such as Globe Life, Voya Financial, and CNO Financial.
The word on The Street in general, suggests a Hold analyst consensus rating for Lincoln National with a $30.56 average price target.
LNC market cap is currently $4.7B and has a P/E ratio of -5.57.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LNC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Lincoln National (LNC) Company Description:
Founded in 1905, Philadelphia-based Lincoln National offers individual and group insurance, retirement, and investment products in the United States and the United Kingdom. The firm distributes its products through independent and company-employed agents, wirehouses, and banks. Lincoln also owns and operates 15 radio stations it acquired as part of the 2006 merger with Jefferson-Pilot Financial.
Read More on LNC:
- Lincoln National Q1 Earnings Supplement and Conference Call
- LNC Earnings this Week: How Will it Perform?
- Levi & Korsinsky LLP Notifies Shareholders of Lincoln National Corporation(LNC) of a Class Action Lawsuit and an Upcoming Deadline
- Lincoln National price target raised to $32 from $28 at Piper Sandler
- Lincoln National management to meet with Piper Sandler
