Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $49.40 on Lincoln National Corporation (NYSE:LNC) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $6.07 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Lincoln National Corporation (NYSE:LNC) stands at 10.98.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Lincoln National Corporation Co, the PEG ratio for coming 3-5 years is 0.69.
The technical analysis highlights that Lincoln National Corporation Co current is trading $2.73 points away or +6.33% from its 50-day moving average of $43.12. Further it is trading $4.63 or +11.23% away its 200-day moving average of $41.22.
The 52-week high of Lincoln National Corporation (NYSE:LNC) was $57.54 while lowest point recorded in 52-week was $30.39. It implies if stock price makes a movement of over $-11.69, it will record a new 52-week high. In the case of +50.87% drop, it will touch a new 52-week low.
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