Alert: Rating Downgrade (12/15/23)-Lazard Ltd (NYSE: LAZ).


Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Lazard Ltd (NYSE: LAZ) weakened during the last several trading days. LAZ’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.


Recent Price Action

On 12/15/23, Lazard Ltd (NYSE: LAZ) stock declined slightly by -0.09%, closing at $34.92. Moreover, above average trading volume at 146% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 9.9% during the last week.

Current PriceTarget Research Rating

LAZ is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Lazard has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Lazard has a neutral Power Rating of 44 and a neutral Appreciation Score of 43, producing the Negative Value Trend Rating.

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