Lincoln National Corporation (NYSE:LNC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.14 by 11 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Brokerage firm Macquarie downgrades its rating on Lincoln National Corporation (NYSE:LNC). The shares have been rated Neutral. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on April 14, 2016.
Lincoln National Corporation (NYSE:LNC): The stock price is expected to reach $ 52.75 in the short term. The number of analysts agreeing with this consensus is 8. The higher estimate for the short term price target is at $59 while the lower estimate is at $44. The standard deviation of the price stands at $4.71.
Lincoln National Corporation (NYSE:LNC) witnessed a decline in the market cap on Tuesday as its shares dropped 0.05% or 0.02 points. After the session commenced at $42.78, the stock reached the higher end at $42.93 while it hit a low of $42.17. With the volume soaring to 1,553,752 shares, the last trade was called at $42.58. The company has a 52-week high of $61.8. The company has a market cap of $10,177 million and there are 239,007,140 shares in outstanding. The 52-week low of the share price is $30.39.
Shares of Lincoln National Corporation appreciated by 1.21% during the last five trading days but lost 4.51% on a 4-week basis. Lincoln National Corporation is up 4.17% in the last 3-month period. Year-to-Date the stock performance stands at -14.27%.
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.