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Lazard Inc has a consensus price target of $49.5 based on the ratings of 11 analysts. The high is $65 issued by Keefe, Bruyette & Woods on November 1, 2024. The low is $29 issued by Morgan Stanley on October 31, 2022. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, JMP Securities, and JMP Securities on November 1, 2024, November 1, 2024, and October 9, 2024, respectively. With an average price target of $59.67 between Keefe, Bruyette & Woods, JMP Securities, and JMP Securities, there's an implied 4.86% upside for Lazard Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Lazard (NYSE:LAZ) was reported by Keefe, Bruyette & Woods on November 1, 2024. The analyst firm set a price target for $65.00 expecting LAZ to rise to within 12 months (a possible 14.24% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Lazard (NYSE:LAZ) was provided by Keefe, Bruyette & Woods, and Lazard maintained their outperform rating.
The last upgrade for Lazard Inc happened on January 3, 2024 when Wolfe Research raised their price target to $42. Wolfe Research previously had a peer perform for Lazard Inc.
The last downgrade for Lazard Inc happened on September 19, 2023 when Goldman Sachs changed their price target from $37 to $32 for Lazard Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lazard, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lazard was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.
While ratings are subjective and will change, the latest Lazard (LAZ) rating was a maintained with a price target of $59.00 to $65.00. The current price Lazard (LAZ) is trading at is $56.90, which is out of the analyst’s predicted range.
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