Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Lazard Ltd (NYSE: LAZ) weakened in recent 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 1/5/24, Lazard Ltd (NYSE: LAZ) stock increased 1.1%, closing at $37.96. Moreover, this advance was accompanied by unusually high trading volume at 197% of normal. Relative to the market the stock has been strong over the last nine months and has risen 7.8% during the last week.
Current PriceTarget Research Rating
LAZ's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Lazard has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock's attractiveness. Lazard has a slightly negative Appreciation Score of 35 and a neutral Power Rating of 52, triggering the Negative Value Trend Rating.