Stock To Watch: Lazard Ltd. (NYSE:LAZ)


The leading market experts have placed a mean price target of $44.00 on Lazard Ltd. (NYSE:LAZ) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.01 a share for the upcoming quarter and $2.92 for the current fiscal.

Technical View

The technical analysis of Lazard LTD. Lazard, LTD. Class plainly substantiates that the 50-day moving average of Lazard LTD. Lazard, LTD. Class is $32.56, and stock is trading $3.41 points away or +10.46% from its 50-day moving average of $32.56. Further it is trading $1.36 or +3.92% away its 200-day moving average of $34.61. Lazard Ltd. (NYSE:LAZ) 52-week high is $54.50 and the 52-week low is $26.21.

This explains if the stock moves $-18.53, it will post a 52-week high. In event of +37.24% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Lazard LTD. Lazard, LTD. Class , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Lazard Ltd. (NYSE:LAZ) ratio came in at 6.80.

The stock last ended the trading session at $35.97 and registered a market cap of $4.47B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Lazard Ltd. (NYSE:LAZ) PEG ratio is at -3.88.

1 Chart Pattern Every Investor Should Know

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