Lazard LTD. Lazard, LTD. found using ticker (LAZ) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 62 and 43 and has a mean target at 53.13. With the stocks previous close at 44.21 this indicates there is a potential upside of 20.2%. The 50 day MA is 43.88 while the 200 day moving average is 46.21. The company has a market capitalisation of $4,417m. You can visit the company’s website by visiting: https://www.lazard.com
The potential market cap would be $5,309m based on the market concensus.
Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, capital advisory, restructurings, shareholder advisory, sovereign advisory, capital raising, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients across various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, and real estate, as well as technology, media, and telecommunications. The company’s Asset Management segment offers a range of investment solutions and investment management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard Ltd was founded in 1848 and is based in Hamilton, Bermuda.