Alert: Rating Upgrade (12/22/23)-Lazard Ltd (NYSE: LAZ).


Stock Rating Upgrade

In the last week the Value Trend Rating for Lazard Ltd (NYSE: LAZ) improved from D to C reflecting improving fundamentals and high Appreciation Potential.


Recent Price Action

Lazard Ltd (NYSE: LAZ) stock declined slightly by -0.9% on 12/22/23. The stock closed at $34.56. However, this decline was accompanied by unusually low trading volume at 58% of normal. The stock has performed in line with the market over the last nine months and has declined -1.1% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, LAZ is expected to continue to be a major Value Builder.

Lazard has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Lazard has a neutral Power Rating of 46 and a neutral Appreciation Score of 44, producing the Low Neutral Value Trend Rating.

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