TheStreet upgraded Lazard Ltd (NYSE:LAZ) to Buy in a statement released earlier today.
- Updated: September 17, 2016
TheStreet has upgraded Lazard Ltd(NYSE:LAZ) to Buy in a report released on 8/18/2016.
Previously on 4/22/2016, UBS Securities reported on Lazard Ltd(NYSE:LAZ) upped the target price from $42.00 to $43.00 that indicated a possible upside of 0.14%.
Showing a price of $36.93, Lazard Ltd (NYSE:LAZ) traded 1.77% lower on the day. The last stock close is up 2.30% from the two hundred day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. Lazard Ltd has registered a 50-day moving average of $35.93 and two hundred day moving average of $35.24. Trading volume was was down over the average, with 472,490 shares of LAZ changing hands under the typical 1,049,490 shares.
Recent Performance Graphic:
Lazard Ltd has a PE of 7 with a 52 week low of $26.21 and a 52 week high of $49.57. The company’s market cap is presently $0.0.
A total of 8 firms have reported on the stock. Three firms rate the company a strong buy, five firms rate the company a buy, three firms rate the company a hold, 0 rate the company to underperform, and lastly 0 brokeragesrate the company as sell with a consensus target stock price of $48.13
About Lazard Ltd (NYSE:LAZ)
Lazard Ltd (Lazard) is a financial advisory and asset management company. The Company operates in two business segments: Financial Advisory and Asset Management. The Financial Advisory business segment offers corporate, partnership, institutional, government, sovereign and individual clients a range of financial advisory services regarding mergers and acquisitions (M&A) and other strategic matters, restructurings, capital structure, capital raising and various other financial matters. Its Asset Management business segment offers a range of investment solutions and investment management services in equity and fixed income strategies, alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, and financial intermediaries and private clients. It operates from approximately 40 cities in key business and financial centers over 25 countries.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.