- Lazard’s total assets under management increased by 1.2% month-over-month, reaching $267.78 billion.
- Equity assets under management saw a 2% rise to $212.64 billion.
- Fixed income assets under management decreased by 2.2%, standing at $46.15 billion.
- The net flows for the period were negative, totaling -$1.4 billion.
- Analyst recommendations include 4 buys, 4 holds, and 2 sells.
A look at Lazard Ltd Cl A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Lazard Ltd Cl A shows a positive long-term outlook. With a strong Dividend score of 4 and Momentum score of 4, the company is potentially a good choice for investors seeking reliable returns and upward stock price movement. Its Growth and Resilience scores of 3 indicate stability and moderate potential for expansion in the future. Although its Value score is lower at 2, Lazard Ltd’s overall profile suggests a well-rounded investment option with a focus on dividends and growth.
Lazard Ltd provides asset management and financial advisory services, catering to a wide range of clients globally. Specializing in mergers and acquisitions, strategic advisory, restructuring, and asset management, the company offers comprehensive financial solutions to corporations, institutions, governments, and individuals. With its solid Dividend and Momentum scores indicating strong performance metrics, Lazard Ltd Cl A appears positioned for continued success in the long run, making it an appealing choice for investors seeking stability and growth prospects in the financial services sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars
