Lincoln National (NYSE: LNC)‘s stock had its “neutral” rating reiterated by Zacks Investment Research in a research note issued to investors on Tuesday. They currently have a $24.00 price target on the stock.
Separately, analysts at RBC Capital (NYSE: RY) raised their price target on shares of Lincoln National from $22.00 to $24.00 in a research note to investors on Monday, December 12nd. They now have a “sector perform” rating on the stock. Analysts at Barclays Capital (NYSE: BCS) reiterated an “equal weight” rating on shares of Lincoln National in a research note to investors on Wednesday, November 16th. Also, analysts at Evercore Partners raised their EPS on shares of Lincoln National in a research note to investors on Tuesday, November 15th. They now have an “equal weight” rating and a $24.00 price target on the stock.
Lincoln National Corporation (LNC) is a holding company, which operates multiple insurance and retirement businesses through subsidiary companies. LNC, through the business segments, sells a range of wealth protection, accumulation and retirement income products and solutions. The products include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL, term life insurance, mutual funds and group life insurance. The Company operates in two business segments: Retirement Solutions and Insurance Solutions. On January 4, 2010, LNC and its wholly owned subsidiary, Lincoln National Investment Companies, completed the sale of the outstanding capital stock of Delaware Management Holdings, Inc. (Delaware) to Macquarie Bank Limited. On October 1, 2009, the Company completed the sale of the capital stock of Lincoln National (UK) plc (Lincoln UK) to SLF of Canada UK Limited.
Lincoln National traded down 0.70% on Tuesday, hitting $22.54. Lincoln National has a 52-week low of $13.75 and a 52-week high of $32.68. The stock has a 50-day moving average of $20.10 and a 200-day moving average of $20.30. The company has a market cap of $6.800 billion and a price-to-earnings ratio of 7.26.