Lincoln National (NYSE:LNC)‘s stock had its “buy” rating restated by Royal Bank Of Canada in a research note issued to investors on Friday. They presently have a $86.00 price objective on the financial services provider’s stock. Royal Bank Of Canada’s price target points to a potential upside of 10.84% from the company’s previous close.

Several other equities analysts have also commented on LNC. Barclays upped their price objective on shares of Lincoln National from $84.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, August 11th. ValuEngine lowered shares of Lincoln National from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 9th. BidaskClub lowered shares of Lincoln National from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 12th. Zacks Investment Research lowered shares of Lincoln National from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. Finally, Goldman Sachs Group started coverage on shares of Lincoln National in a report on Wednesday, October 18th. They set a “sell” rating and a $71.00 target price on the stock. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $78.70.

Shares of Lincoln National (NYSE:LNC) traded up $1.09 during mid-day trading on Friday, hitting $77.59. 1,231,100 shares of the stock traded hands, compared to its average volume of 1,477,094. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.11 and a current ratio of 0.11. Lincoln National has a 52-week low of $61.45 and a 52-week high of $78.44. The firm has a market cap of $17,060.00, a price-to-earnings ratio of 10.11, a P/E/G ratio of 1.15 and a beta of 2.01.

Lincoln National (NYSE:LNC) last issued its quarterly earnings data on Wednesday, November 1st. The financial services provider reported $2.03 EPS for the quarter, topping the consensus estimate of $1.84 by $0.19. Lincoln National had a net margin of 10.50% and a return on equity of 11.16%. The firm had revenue of $3.51 billion for the quarter, compared to analyst estimates of $3.62 billion. During the same period in the prior year, the business posted $1.89 EPS. The business’s revenue for the quarter was down .4% compared to the same quarter last year. analysts forecast that Lincoln National will post 7.7 EPS for the current fiscal year.

Large investors have recently made changes to their positions in the business. Sun Life Financial INC increased its position in shares of Lincoln National by 20,600.0% in the 2nd quarter. Sun Life Financial INC now owns 1,656 shares of the financial services provider’s stock valued at $112,000 after purchasing an additional 1,648 shares during the last quarter. D.A. Davidson & CO. increased its position in shares of Lincoln National by 8.6% in the 2nd quarter. D.A. Davidson & CO. now owns 1,726 shares of the financial services provider’s stock valued at $116,000 after purchasing an additional 136 shares during the last quarter. Valeo Financial Advisors LLC purchased a new stake in shares of Lincoln National in the 3rd quarter valued at approximately $171,000. Stratos Wealth Partners LTD. purchased a new stake in shares of Lincoln National in the 2nd quarter valued at approximately $200,000. Finally, Homrich & Berg purchased a new stake in shares of Lincoln National in the 2nd quarter valued at approximately $204,000. 80.44% of the stock is currently owned by institutional investors.

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About Lincoln National

Lincoln National Corporation is a holding company, which operates 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. The Company operates through four segments: Annuities segment, which offers fixed (including indexed) and variable annuities; Retirement Plan Services segment, which provides employers with retirement plan products and services; Life Insurance segment, which focuses on the creation and protection of wealth through life insurance products, and Group Protection, which offers principally group non-medical insurance products.

Analyst Recommendations for Lincoln National (NYSE:LNC)

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