Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Lazard Inc before investing.

In this article, we go over a few key elements for understanding Lazard Inc’s stock price such as:

• Lazard Inc’s current stock price and volume
• Why Lazard Inc’s stock price changed recently
• Upgrades and downgrades for LAZ from analysts
• LAZ’s stock price momentum as measured by its relative strength

About Lazard Inc (LAZ)

Before we jump into Lazard Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Lazard, Inc. is a financial advisory and asset management company. The Financial Advisory segment offers corporate, partnership, institutional, government, sovereign and individual clients across the globe an array of financial advisory services regarding strategic and mergers and acquisitions (M&A;) advisory, capital markets advisory, shareholder advisory, restructuring and capital solutions, sovereign advisory, geopolitical advisory, and other strategic advisory matters and capital raising and placement. The Asset Management segment offers a range of global investment solutions and investment and wealth management services in equity and fixed income strategies, asset allocation strategies, alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries and private clients. The Company operates in North and South America, Europe, Asia and Australia.

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Lazard Inc’s Stock Price as of Market Close

As of June 28, 2024, 4:00 PM, CST, Lazard Inc’s stock price was $38.18.

Lazard Inc is up 4.77% from its previous closing price of $36.44.

During the last market session, Lazard Inc’s stock traded between $35.81 and $36.53. Currently, there are 91.26 million shares of Lazard Inc stock available for purchase.

Unfortunately, Lazard Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Lazard Inc Stock Price History

Lazard Inc’s (LAZ) price is currently down 5.1% so far this month.

During the month of June, Lazard Inc’s stock price has reached a high of $40.59 and a low of $35.56.

Over the last year, Lazard Inc has hit prices as high as $42.24 and as low as $25.82. Year to date, Lazard Inc’s stock is up 10.12%.

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What Caused Lazard Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 27, 2024, there was 1 analyst who downgraded Lazard Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Lazard Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Lazard Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Lazard Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Lazard Inc (LAZ) by visiting AAII Stock Evaluator.

Relative Price Strength of Lazard Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 27, 2024, Lazard Inc has a weighted four-quarter relative price strength of -4.38%, which translates to a Momentum Score of 56 and is considered to be Average.

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Lazard Inc Stock Price: Bottom Line

As of June 28, 2024, Lazard Inc’s stock price is $38.18, which is up 4.77% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Lazard Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.