LAZ Price Prediction Next Week
Analysis and Prediction for LAZ Stock
News Sentiment and Recent Events:
Lazard (LAZ) has experienced a recent decline in its stock price due to disappointing quarterly results. The stock dropped 13% in pre-market trading after reporting lower-than-expected assets under management and net outflows. This negative sentiment has been a significant driver of the stock's recent performance.
Technical Indicators Analysis:
- RSI (14-period): 41.48, indicating oversold conditions, which may suggest a potential bounce.
- MACD: -1.50, showing bearish momentum.
- Stochastic Oscillator: %K (35.74) and %D (34.58) are in bearish territory, indicating weak price momentum.
- Fibonacci Levels: Pivot at 45.73, with resistance at 47.29 and 48.25, and support at 44.16 and 43.20.
Price Prediction and Recommendation:
Based on the analysis, LAZ is expected to trade around $44.16 in the next trading week. The bearish technical indicators and negative news sentiment suggest a sell recommendation.
LAZ Similar Chart Price Prediction
The price of LAZ is predicted to go up 32.98%, based on the high correlation periods with SG. The similarity of these two price pattern on the periods is 97.42%.
LAZ
SG
Up: 32.98%Similarity: 97.42%
LAZ Revenue Forecast
LAZ EPS Forecast
LAZ FAQs
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LAZ VS S&P500
Lazard has the largest geographic footprint among financial advisory-focused investment banks and is in a strong position when global M&A accelerates. The company is well-recognized for its expertise in restructuring, which provides some counterbalance in a recession.
A more growth-orientated mindset by management could improve the company's valuation. Changing to a C-Corporation could bring in new investors and demand for shares.
Lazard has fairly well-scaled and profitable financial advisory and asset-management businesses, which is fairly unique among the investment banks.
LAZ Analyst's Forecast
Ryan Kenny
Morgan Stanley
Hold
2025-03-13
Price Target
$63 → $56
Upside
+24.64%
Morgan Stanley lowered the firm's price target on Lazard to $56 from $63 and keeps an Equal Weight rating on the shares. The robust capital markets rebound the firm expected in 2025 is not playing out as anticipated and the firm is lowering its estimates for investment banking revenues on the back of recent market conditions as volatility likely pushes out deal launches. However, large-cap bank and mid-cap advisor stocks "appear oversold against our new base case," the analyst tells investors.
Aidan Hall
Keefe, Bruyette & Woods
Hold
2025-01-31
Price Target
$52 → $57
Upside
+4.84%
Aidan Hall
Keefe, Bruyette & Woods
Buy → Hold
2024-12-20
Price Target
$65 → $57
Upside
+9.53%
