- Investing.com
Lazard, Inc. operates as a financial advisory and asset management firm in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services. This segment offers its services to corporate, partnership, institutional, government, sovereign, and individual clients to various industry areas, including consumers and retail; financial institutions; financial sponsors; healthcare and life sciences; industrials; media, entertainment, and sports; power, energy, and infrastructure; real estate; technology; and telecom and digital infrastructure. The Asset Management segment offers a range of investment solutions; investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard, Inc. was incorporated in 1848 and is headquartered in New York, New York.
Advisory Resilience | Lazard's Financial Advisory segment shows strength with near-record revenues, demonstrating adaptability in volatile markets and strategic talent acquisition |
Asset Management Hurdles | Explore Lazard's strategy to overcome significant net outflows in its Asset Management division while maintaining strong liquidity and financial flexibility |
Vision 2030 Unveiled | Delve into Lazard's long-term growth plan, focusing on expansion into new business areas and improving operational efficiency to drive future profitability |
Market Valuation | Analysts set price targets ranging from $56 to $63, reflecting Lazard's strong market performance and attractive valuation compared to industry peers |
Metrics to compare | LAZ | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipLAZPeersSector | |
---|---|---|---|---|
P/E Ratio | 16.1x | 23.1x | 9.5x | |
PEG Ratio | 0.20 | 0.70 | 0.03 | |
Price/Book | 6.6x | 3.5x | 1.0x | |
Price / LTM Sales | 1.6x | 2.6x | 2.8x | |
Upside (Analyst Target) | 15.6% | 8.4% | 13.2% | |
Fair Value Upside | Unlock | −4.7% | 1.8% | Unlock |