NYSE:LAZCapital Markets
Is Lazard (LAZ) Now Attractive After A 91% Three Year Share Price Gain?
Wondering whether Lazard at around US$48.06 is genuinely good value or just feels that way after a strong run? This article breaks down what the current price might imply.
The stock has moved 5.9% over the last week and 1.6% over the last month, while year to date it is down 3.4% and sits on a 12.2% return over the past year, with a 91.0% return over three years and 27.1% over five years.
These returns sit against a backdrop of ongoing headlines around Lazard's role as a global financial...