Lazard LTD. Lazard, LTD. with ticker code (LAZ) have now 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 58 and 40 with a mean TP of 48.75. With the stocks previous close at 32.17 this now indicates there is a potential upside of 51.5%. The day 50 moving average is 40.68 and the 200 day MA is 45.17. The market capitalisation for the company is $3,319m. You can visit the company’s website by visiting: https://www.lazard.com
The potential market cap would be $5,030m 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 areasluding 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.
