KBW Remains a Buy on Lazard (LAZ)
In a report released today, Alex Bond from KBW maintained a Buy rating on Lazard, with a price target of $60.00.
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According to TipRanks, Bond is a 2-star analyst with an average return of 0.8% and a 57.14% success rate. Bond covers the Financial sector, focusing on stocks such as Evercore Partners, Moelis, and T Rowe Price.
Lazard has an analyst consensus of Hold, with a price target consensus of $55.40.
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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