Lazard, Inc. (LAZ)
NYSE: LAZ · Real-Time Price · USD
52.19
-0.51 (-0.97%)
Oct 14, 2024, 4:00 PM EDT - Market closed
Lazard Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Lazard stock have an average target of 51.14, with a low estimate of 42 and a high estimate of 60. The average target predicts a decrease of -2.01% from the current stock price of 52.19.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Lazard stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Hold | 2 | 2 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 8 | 8 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Maintains $52 → $55 | Buy | Maintains | $52 → $55 | +5.38% | Oct 9, 2024 |
| UBS | UBS | Hold Maintains $49 → $52 | Hold | Maintains | $49 → $52 | -0.36% | Oct 8, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $56 → $60 | Buy | Maintains | $56 → $60 | +14.96% | Sep 23, 2024 |
| Wells Fargo | Wells Fargo | Hold Initiates $51 | Hold | Initiates | $51 | -2.28% | Sep 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $38 → $42 | Strong Sell | Maintains | $38 → $42 | -19.52% | Jul 26, 2024 |
Financial Forecast
Revenue This Year
2.93B
from 2.52B
Increased by 16.18%
Revenue Next Year
3.27B
from 2.93B
Increased by 11.54%
EPS This Year
2.61
from -0.90
EPS Next Year
4.02
from 2.61
Increased by 53.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.1B | 3.7B | 4.1B |
| Avg | 2.9B | 3.3B | 3.5B |
| Low | 2.8B | 3.0B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 23.0% | 25.0% | 25.5% |
| Avg | 16.2% | 11.5% | 7.1% |
| Low | 10.7% | 2.0% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.05 | 4.82 | 5.85 |
| Avg | 2.61 | 4.02 | 4.77 |
| Low | 2.35 | 3.36 | 4.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 84.7% | 45.5% |
| Avg | - | 54.0% | 18.8% |
| Low | - | 28.8% | 1.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.