Morgan Stanley (NYSE:MS) analyst Nigel Dally maintained a Buy rating on Lincoln National (NYSE:LNC) on Wednesday, setting a price target of $52, which is approximately 20.65% above the present share price of $43.1.
Dally expects Lincoln National to post earnings per share (EPS) of $2.06 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Lincoln National, with an average price target of $43.6.
The analysts price targets range from a high of $52 to a low of $39.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $5.36 billion and a net profit of $0. The company's market cap is $8.33 billion.
According to TipRanks.com, Morgan Stanley analyst Nigel Dally is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.0% and a 59.22% 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.