Published On: Wed, Oct 19th, 2016

Lazard Ltd. (NYSE:LAZ) Analyst Review


A number of investment brokers have recently updated their price targets on shares of Lazard Ltd. (NYSE:LAZ).

Most recent broker ratings

04/22/2016 – Lazard Ltd. had its “buy” rating reiterated by analysts at UBS. They now have a USD 43 price target on the stock.

02/03/2016 – Lazard Ltd. had its “buy” rating reiterated by analysts at Argus. They now have a USD 45 price target on the stock.

02/03/2016 – Lazard Ltd. had its “outperform” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 52 price target on the stock.

01/12/2016 – Lazard Ltd. was downgraded to “neutral” by analysts at Goldman Sachs.

11/18/2015 – Lazard Ltd. was upgraded to “strong buy” by analysts at Raymond James. They now have a USD 60 price target on the stock.

10/12/2015 – Lazard Ltd. had its “buy” rating reiterated by analysts at Susquehanna. They now have a USD 53 price target on the stock.

10/08/2015 – Lazard Ltd. had its “buy” rating reiterated by analysts at JMP Securities. They now have a USD 60 price target on the stock.

10/07/2015 – Lazard Ltd. was upgraded to “buy” by analysts at Sandler O’Neill.

10/06/2015 – Lazard Ltd. had its “buy” rating reiterated by analysts at Nomura. They now have a USD 58 price target on the stock.

09/08/2015 – Lazard Ltd. had its “outperform” rating reiterated by analysts at Credit Suisse. They now have a USD 58 price target on the stock.

05/25/2015 – Lazard Ltd. was downgraded to “hold” by analysts at Zacks.

01/12/2015 – Lazard Ltd. had its “buy” rating reiterated by analysts at Buckingham Research.

07/28/2014 – Lazard Ltd. had its “neutral” rating reiterated by analysts at Citigroup. They now have a USD 56 price target on the stock.

06/03/2014 – Sanford C. Bernstein began new coverage on Lazard Ltd. giving the company a “outperform” rating. They now have a USD 60 price target on the stock.

The share price of Lazard Ltd. (NYSE:LAZ) was up +1.67% during the last day of trading, with a day high of 34.85. 377125 shares were traded during the last session.

The stock’s 50 day moving average is 36.05 and its 200 day moving average is 34.80. The stock’s market capitalization is 4.32B. Lazard Ltd. has a 52-week low of 26.21 and a 52-week high of 49.57.

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, financial intermediaries and private clients. It operates from approximately 40 cities in key business and financial centers over 25 countries.