Analysts’ Opinions Are Mixed on These Financial Stocks: Lincoln National Corp (NYSE: LNC), Middlefield Banc Corp (NASDAQ: MBCN) and Western Alliance (NYSE: WAL)

By Jason Carr

Analysts have been eager to weigh in on the Financial sector with new ratings on Lincoln National Corp (NYSE: LNC), Middlefield Banc Corp (NASDAQ: MBCN) and Western Alliance (NYSE: WAL).

Lincoln National Corp (NYSE: LNC)

KBW analyst Ryan Krueger reiterated a Hold rating on Lincoln National Corp (NYSE: LNC) on June 23 and set a price target of $75. The company’s shares opened today at $65.44.

According to TipRanks.com, Krueger is a 4-star analyst with an average return of 13.7% and a 66.2% success rate. Krueger covers the Financial sector, focusing on stocks such as American Equity Investment Life, Prudential Financial Inc, and Ameriprise Financial.

Currently, the analyst consensus on Lincoln National Corp is Moderate Buy and the average price target is $76.75, representing a 17.3% upside.

In a report issued on June 8, Wells Fargo also reiterated a Hold rating on the stock.
Middlefield Banc Corp (NASDAQ: MBCN)

In a report released today, Michael Perito from KBW reiterated a Hold rating on Middlefield Banc Corp (NASDAQ: MBCN), with a price target of $46. The company’s shares opened today at $50.90, close to its 52-week high of $54.60.

According to TipRanks.com, Perito is a 5-star analyst with an average return of 21.6% and a 75.8% success rate. Perito covers the Financial sector, focusing on stocks such as Univest Corporation Of Pennsylvania, Enterprise Financial Services Corp, and Orrstown Financial Services Inc.

Middlefield Banc Corp has an analyst consensus of Hold, with a price target consensus of $46.

Western Alliance (NYSE: WAL)

In a report released today, Melissa Roberts from KBW reiterated a Buy rating on Western Alliance (NYSE: WAL), with a price target of $58. The company’s shares opened today at $47.61.

According to TipRanks.com, Roberts is a 3-star analyst with an average return of 2.1% and a 46.7% success rate. Roberts covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, Fidelity National Financial Ventures, and First Financial Corporation Indiana.

Currently, the analyst consensus on Western Alliance is Strong Buy and the average price target is $56.33, representing a 18.3% upside.

In a report issued on June 23, Jefferies also reiterated a Buy rating on the stock with a $54 price target.

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