Lazard traded at $42.31 this Tuesday June 23rd, decreasing $1.34 or 3.07 percent since the previous trading session. Looking back, over the last four weeks, Lazard lost 13.51 percent. Over the last 12 months, its price fell by 9.38 percent. Looking ahead, we forecast Lazard to be priced at 42.36 by the end of this quarter and at 37.05 in one year, according to Trading Economics global macro models projections and analysts expectations.
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.