B.Riley FBR analyst Randy Binner maintained a Hold rating on Lincoln National (NYSE:LNC) on Thursday, setting a price target of $35, which is approximately 3.98% below the present share price of $36.45.
Binner expects Lincoln National to post earnings per share (EPS) of -$0.49 for the third quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Lincoln National, with an average price target of $42.25.
The analysts price targets range from a high of $50 to a low of $35.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $3.52 billion and a net profit of $0. The company's market cap is $7.04 billion.
According to TipRanks.com, B.Riley FBR analyst Randy Binner is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 8.7% and a 61.48% success rate.
Founded in 1905, Philadelphia-based Lincoln National offers individual and group insurance, retirement, and investment products in the United States and the United Kingdom. The firm distributes its products through independent and company-employed agents, wirehouses, and banks. Lincoln also owns and operates 15 radio stations it acquired as part of the 2006 merger with Jefferson-Pilot Financial.