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Barclays Maintains Lincoln National(LNC.US) With Hold Rating, Maintains Target Price $36

Futu News ·  Oct 9 16:33  · Ratings

Barclays analyst Alex Scott maintains $Lincoln National (LNC.US)$ with a hold rating, and maintains the target price at $36.

According to TipRanks data, the analyst has a success rate of 66.1% and a total average return of 14.7% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Lincoln National (LNC.US)$'s main analysts recently are as follows:

  • The outlook for the North American insurance sector appears robust, particularly in the life and property and casualty segments. In the life insurance market, positive influences from equity markets are seen, although these are somewhat balanced by the downward movement in interest rates. Expectations are set for catastrophe occurrences to be slightly higher than average, influenced by several significant storm events in the U.S. In the property and casualty insurance space, underlying margins are anticipated to maintain their strength. It is also projected that updates in pricing will be received positively, including in the property sector where there has been some concern about the pace of pricing growth slowing down.

  • The perspective on the life insurance sector is ambivalent, acknowledging that despite strong capital positions and fair valuations, the expected moderation in growth drivers suggests that investors will need to be discerning in order to succeed in the life insurance market moving ahead.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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