Lincoln National Corporation (LNC) : Traders are bullish on Lincoln National Corporation (LNC) as it has outperformed the S&P 500 by a wide margin of 6.89% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.26%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.59% in the last 1 week, and is up 6.66% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.93% and the fifty day Moving Average is 9.18%. Lincoln National Corporation is up 1.59% in the last three month period. Year-to-Date the stock performance stands at -5.59%.
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 (NYSE:LNC): stock turned positive on Friday. Though the stock opened at $46.59, the bulls momentum made the stock top out at $47.28 level for the day. The stock recorded a low of $46.2 and closed the trading day at $46.58, in the green by 0.32%. The total traded volume for the day was 1,605,328. The stock had closed at $46.43 in the previous days trading.
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.