TD Cowen analyst Andrew Kligerman maintains $Lincoln National (LNC.US)$ with a hold rating, and adjusts the target price from $24 to $34.
According to TipRanks data, the analyst has a success rate of 73.8% and a total average return of 18.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Lincoln National (LNC.US)$'s main analysts recently are as follows:
The upcoming quarterly earnings outlook appears promising for both the life and property and casualty insurance sectors. In the life insurance sector, there are balanced dynamics at play, with positive equity market performance on one side and declining interest rates on the other. It's anticipated that catastrophe-related losses will be somewhat higher than average, influenced by multiple significant storm events within the U.S. As for the property and casualty insurers, it's expected that the underlying margins will continue to be robust. Additionally, any updates on pricing should be received with optimism, including in the property sector where there has been some apprehension about slowing price growth.
The outlook for the life insurance sector is mixed, acknowledging that capital positions are robust and valuations appear fair. However, expectations are for growth drivers to experience a slowdown, suggesting that strategic selection is essential for success in the life insurance industry going forward.
Note:
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