Lincoln National Corporation (NYSE:LNC) traded at a new 52-week high today of $66.45. This new high was reached on below average trading volume as 736,000 shares traded hands, while the average 30-day volume is approximately 1.8 million shares.
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.
Lincoln National Corporation (NYSE:LNC) defies analysts with a current price ($66.26) 7.9% above its average consensus price target of $61.01.
Over the past year, Lincoln National Corporation has traded in a range of $16.11 to $66.45 and is now at $66.26, 311% above that low.
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