Keefe, Bruyette & Woods has upgraded Lazard Inc (LAZ) to Outperform from Market Perform as of August 24, 2025. The current share price stands at $47.55.
This upgrade reflects a more optimistic outlook for Lazard, a financial advisory and asset management firm based in New York City. The company, which employs 3,234 full-time staff, has been providing a range of advisory services and investment solutions to clients globally since its IPO in 2005.
Lazard operates through two main segments: Financial Advisory and Asset Management. The Financial Advisory segment offers services including mergers and acquisitions advisory, capital markets advisory, and restructuring. Meanwhile, the Asset Management segment provides investment solutions in equity and fixed income strategies, as well as private equity funds.
The firm currently has a market capitalization of $4.4 billion, a P/E ratio of 16.30, and an EPS of 2.57. Its dividend yield stands at an impressive 426.5%. Upcoming earnings are scheduled for July 22, 2026, with an EPS estimate of $0.83 and revenue expected at $862.4 million.
Analyst ratings and price targets represent professional opinions based on research and financial models. While these assessments can provide useful perspective, they reflect assumptions and estimates that may not materialize as expected. Investment decisions should consider multiple factors, including company fundamentals and industry trends, rather than relying solely on analyst views.
It's important to note that analyst ratings can change over time as new information becomes available. As of November 1, 2025, the consensus rating for Lazard is Buy, with 2 Strong Buy, 5 Buy, 5 Hold, and 2 Sell ratings from a total of 14 analysts.