In a report released today, Randy Binner from B.Riley FBR maintained a Hold rating on Lincoln National Corp (NYSE: LNC), with a price target of $83. The company’s shares closed yesterday at $66.81.
According to TipRanks.com, Binner is a 5-star analyst with an average return of 15.7% and a 70.8% success rate. Binner covers the Financial sector, focusing on stocks such as American Equity Investment Life, Health Insurance Innovations, and National General Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lincoln National Corp with a $81.67 average price target.
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Lincoln National Corp’s market cap is currently $14.52B and has a P/E ratio of 7.47. The company has a Price to Book ratio of 0.96.
Based on the recent corporate insider activity of 33 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 Corp. is a holding company, which operates multiple insurance and retirement businesses through its subsidiary companies. It provides advice and solutions that help empower people to take charge of their financial lives with confidence and optimism.
