Lazard Ltd. (LAZ) Shares are Down -0.76%

Lazard Ltd. (LAZ) : During the past 4 weeks, traders have been relatively bearish on Lazard Ltd. (LAZ), hence the stock is down -2.07% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.93% relative to the S&P 500. The 4-week change in the price of the stock is -2.6% and the stock has fallen -0.76% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.35% and the 50-Day Moving Average is 1.67%.The 200 Day SMA reached 4.01%


Lazard Ltd. (NYSE:LAZ): After opening at $35.71, the stock dipped to an intraday low of $35.53 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $36.62 and the buying power remained strong till the end. The stock closed at $36.36 for the day, a gain of 3.27% for the day session. The total traded volume was 1,945,627. The stocks close on the previous trading day was $36.36.

Lazard Ltd. (LAZ) : The highest level Lazard Ltd. (LAZ) is projected to reach is $56 for the short term and the lowest estimate is at $43. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $49 and the possibility the share price can swing is $5.25.

Lazard Ltd (Lazard) is a financial advisory and asset management company. The Company operates in two business segments: Financial Advisory and Asset Management. The Financial Advisory business segment offers corporate, partnership, institutional, government, sovereign and individual clients 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. The Companys Asset Management business segment offers a range of investment solutions and investment management services in equity and fixed income strategies, alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries and private clients.

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