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TD Cowen Maintains Lincoln National(LNC.US) With Hold Rating, Maintains Target Price $34

Futu News ·  Oct 9 19:31  · Ratings

TD Cowen analyst Andrew Kligerman maintains $Lincoln National (LNC.US)$ with a hold rating, and maintains the target price at $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.

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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 appears robust for both life and property and casualty insurance sectors. In the life insurance category, the presence of 'offsetting currents' is noted, with positive equity markets being balanced against falling interest rates. The anticipation is for catastrophes to be marginally higher than average, influenced by several significant storm events within the U.S. In terms of property and casualty insurers, underlying margins are expected to stay at healthy levels, and pricing updates are likely to be received positively, including in the property sector where concerns about slowing price acceleration have been raised.

  • The life insurance sector presents a mixed picture, with strong capital positions and sensible valuations. However, expectations are for growth drivers to show moderation, suggesting that selective investment will be necessary for success in the life insurance market.

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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