Lincoln National Corporation (LNC) has been under a strong bear grip, hence the stock is down -1.72% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.3% in the past 1 week. The stock has risen by 1.47% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.25% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.43% and the 50-Day Moving Average is 2.52%.The 200 Day SMA reached 11.09%
Lincoln National Corporation (NYSE:LNC): After opening at $46.39, the stock dipped to an intraday low of $45.94 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $47.33 and the buying power remained strong till the end. The stock closed at $46.98 for the day, a gain of 2.42% for the day session. The total traded volume was 1,633,390. The stocks close on the previous trading day was $46.98.
Lincoln National Corporation (LNC) : Average target price received by Lincoln National Corporation (LNC) is $50.13 with an expected standard deviation of $3.23. The most aggressive target on the stock is $53, whereas the most downbeat target is $44. 8 financial analysts are currently covering the stock.
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.