B.Riley FBR Maintains a Hold Rating on Lincoln National (LNC)


B.Riley FBR analyst Randy Binner maintained a Hold rating on Lincoln National (LNC) on November 13 and set a price target of $72.00. The company’s shares closed last Monday at $58.76.

According to TipRanks.com, Binner is a 5-star analyst with an average return of 12.2% and a 65.7% success rate. Binner covers the Financial sector, focusing on stocks such as Federal National Mortgage Association, American Equity Investment Life, and Health Insurance Innovations.

Lincoln National has an analyst consensus of Hold, with a price target consensus of $65.40, which is a 9.9% upside from current levels. In a report issued on October 31, Morgan Stanley also maintained a Hold rating on the stock with a $72.00 price target.

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Lincoln National’s market cap is currently $11.65B and has a P/E ratio of 14.68. The company has a Price to Book ratio of 0.58.

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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.

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