Analyst Activity – Credit Suisse Group AG Reiterates Buy on Lazard Ltd (NYSE:LAZ)

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Analyst Ratings For Lazard Ltd (NYSE:LAZ)

Today, Credit Suisse Group AG reiterated its Buy rating on Lazard Ltd (NYSE:LAZ) with a price target of $50.00.

There are 3 hold ratings, 4 buy ratings on the stock.

The current consensus rating on Lazard Ltd (NYSE:LAZ) is Buy (Score: 2.57) with a consensus target price of $46.29 per share, a potential 0.56% upside.

Some recent analyst ratings include

  • 4/21/2017-Credit Suisse Group AG Reiterated Rating of Buy.
  • 4/4/2017-Keefe, Bruyette & Woods Reiterated Rating of Buy.
  • 3/23/2017-Bank of America Corp Upgrade from a “Underperform ” rating to a ” Neutral” rating.
  • 1/20/2017-Raymond James Financial, Inc. was Downgraded by analysts at Raymond James Financial, Inc. from a “Strong-Buy ” rating to a ” Outperform” rating. They now have a $45.00 price target on the stock.
  • 1/6/2017-Instinet was Downgraded by analysts at Instinet from a “Buy ” rating to a ” Neutral” rating. They now have a $43.00 price target on the stock.
  • 1/5/2017-Nomura was Downgraded by analysts at Nomura from a “Buy ” rating to a ” Neutral” rating.
  • 10/27/2016-Rafferty Capital Markets Upgrade from a “Hold ” rating to a ” Buy” rating.

Dividend information for Lazard Ltd (NYSE:LAZ)

Lazard Ltd (NYSE:LAZ) pays an annual dividend of $1.52 with a yield of 3.30% and an average dividend growth of 25.70% based on a 3 Year Average..

Dividend History for Lazard Ltd (NYSE:LAZ)

  • On 2/1/2017 Lazard Ltd announced a quarterly dividend of $0.38 11.04% with an ex dividend date of 2/9/2017 which will be payable on 2/24/2017.
  • On 10/26/2016 Lazard Ltd announced a Quarterly dividend of $0.38 4.1% with an ex dividend date of 11/3/2016 which will be payable on 11/18/2016.
  • On 7/27/2016 Lazard Ltd announced a Quarterly dividend of $0.38 with an ex dividend date of 8/4/2016 which will be payable on 8/19/2016.
  • On 4/21/2016 Lazard Ltd announced a quarterly dividend of $0.38 4.07% with an ex dividend date of 4/29/2016 which will be payable on 5/13/2016.
  • On 2/1/2016 Lazard Ltd announced a special dividend of $0.35 4.21% with an ex dividend date of 2/9/2016 which will be payable on 2/26/2016.
  • On 10/22/2015 Lazard Ltd announced a quarterly dividend of $0.35 2.94% with an ex dividend date of 10/29/2015 which will be payable on 11/13/2015.
  • On 7/23/2015 Lazard Ltd announced a quarterly dividend of $0.35 2.47% with an ex dividend date of 7/30/2015 which will be payable on 8/14/2015.

Recent Insider Trading Activity For Lazard Ltd (NYSE:LAZ)
Lazard Ltd (NYSE:LAZ) has insider ownership of 2.20% and institutional ownership of 70.45%.

  • On 3/2/2017 Scott D Hoffman, General Counsel, sold 20,000 with an average share price of $43.16 per share and the total transaction amounting to $863,200.00. View SEC Filing
  • On 8/9/2016 Scott D. Hoffman, General Counsel, sold 42,000 with an average share price of $34.92 per share and the total transaction amounting to $1,466,640.00. View SEC Filing
  • On 8/2/2016 Jane L. Mendillo, Director, bought 1,400 with an average share price of $35.22 per share and the total transaction amounting to $49,308.00. View SEC Filing
  • On 3/3/2015 Alexander F Stern, COO, sold 63,000 with an average share price of $50.80 per share and the total transaction amounting to $3,200,400.00. View SEC Filing
  • On 2/20/2014 Alexander F Stern, COO, sold 44,312 with an average share price of $44.56 per share and the total transaction amounting to $1,974,542.72. View SEC Filing
  • On 2/19/2014 Ashish Bhutani, CEO, sold 145,947 with an average share price of $45.15 per share and the total transaction amounting to $6,589,507.05. View SEC Filing
  • On 2/12/2014 Alexander F Stern, COO, sold 61,877 with an average share price of $42.87 per share and the total transaction amounting to $2,652,666.99. View SEC Filing

About Lazard Ltd (NYSE:LAZ)
Lazard Ltd (Lazard) is a financial advisory and asset management company. The Company operates through two segments: Financial Advisory and Asset Management. It serves a range of clients around the world, including corporations, governments, institutions, partnerships and individuals. The Financial Advisory business segment offers corporate, partnership, institutional, government, sovereign and individual clients across the globe a range of financial advisory services regarding mergers and acquisitions (M&A) and other strategic matters, restructurings, capital structure, capital raising and various other financial matters to corporate, partnership, institutional, government, sovereign and individual clients. The Asset Management business provides investment solutions and investment management services in equity and fixed income strategies, alternative investments and private equity funds to corporations, public funds and sovereign entities.

Recent Trading Activity for Lazard Ltd (NYSE:LAZ)
Shares of Lazard Ltd closed the previous trading session at 46.03 up +0.18 0.39% with 721,104 shares trading hands.

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