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Analysts Are Bullish on Top Financial Stocks: Jackson Financial Incorporation (JXN), LPL Financial (LPLA)

Tipranks - Fri Feb 20, 7:32PM CST

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Jackson Financial Incorporation (JXNResearch Report) and LPL Financial (LPLAResearch Report) with bullish sentiments.

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Jackson Financial Incorporation (JXN)

Barclays analyst Alex Scott maintained a Buy rating on Jackson Financial Incorporation on February 18 and set a price target of $138.00. The company’s shares closed last Thursday at $113.74, close to its 52-week high of $115.22.

According to TipRanks.com, Scott is a 4-star analyst with an average return of 6.1% and a 51.7% success rate. Scott covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Hamilton Insurance Group, Ltd. Class B, and Ategrity Specialty Holdings LLC. ;'>

Currently, the analyst consensus on Jackson Financial Incorporation is a Hold with an average price target of $115.00.

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LPL Financial (LPLA)

William Blair analyst Jeff Schmitt maintained a Buy rating on LPL Financial yesterday. The company’s shares closed last Thursday at $327.92.

According to TipRanks.com, Schmitt is a 4-star analyst with an average return of 9.9% and a 70.3% success rate. Schmitt covers the Financial sector, focusing on stocks such as Miami International Holdings, Inc., SEI Investments Company, and Marketaxess Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for LPL Financial with a $450.50 average price target, implying a 36.5% upside from current levels. In a report issued on February 10, Jefferies also maintained a Buy rating on the stock with a $464.00 price target.

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