Lazard (LAZ) Has a New Rating from UBS
Lazard received a Hold rating and a $54.00 price target from UBS analyst yesterday. The company’s shares closed yesterday at $50.46.
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Lazard has an analyst consensus of Hold, with a price target consensus of $55.00, implying a 9.00% upside from current levels. In a report released on December 9, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $55.00 price target.
Based on Lazard’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $782.43 million and a net profit of $71.25 million. In comparison, last year the company earned a revenue of $792.41 million and had a net profit of $107.94 million
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- Lazard Downgraded to Sell Due to Declining Earnings and Adjusted Price Target
- Lazard price target lowered to $61 from $62 at Morgan Stanley
- Lazard reports preliminary AUM $250.8B as of November 30
- Lazard reports preliminary AUM $267.8B as of October 31
- Lazard price target lowered to $58 from $60 at Keefe Bruyette
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