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


The leading market experts have placed a mean price target of $44.38 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 $0.85 a share for the upcoming quarter and $2.88 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 $33.06, and stock is hovering -3.14 or -9.51% distant from $33.06. It is noted that the 200-day MA is $36.13, and Lazard LTD. Lazard, LTD. Class stock is $-6.21 or -17.18% off from this point. Lazard Ltd. (NYSE:LAZ) 52-week high is $59.82 and the 52-week low is $26.21. This explains if the stock moves $-29.90, it will post a 52-week high. In event of $+14.15% points 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 4.00. The stock last ended the trading session at $29.92 and registered a market cap of $3.76B. 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 -1.18.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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