Citigroup Sets Och-Ziff Capital Management Group LLC Price Target at $11.50 (OZM)

By admin | 6 years ago

Citigroup (NYSE: C) lowered their price target on shares of Och-Ziff Capital Management Group LLC (NYSE: OZM) to $11.50 in a research note issued on Thursday. The firm currently has a “buy” rating on the stock.

A number of other analysts have also recently weighed in on OZM. Analysts at Goldman Sachs (NYSE: GS) reiterated a “buy” rating on shares of Och-Ziff Capital Management Group LLC in a research note to investors on Wednesday, February 22nd. Separately, analysts at Compass Point initiated coverage on shares of Och-Ziff Capital Management Group LLC in a research note to investors on Friday, February 17th. They set a “buy” rating and a $12.00 price target on the stock.

Och-Ziff Capital Management Group LLC traded down 0.95% on Thursday, hitting $8.37. Och-Ziff Capital Management Group LLC has a 1-year low of $7.32 and a 1-year high of $15.43. The company’s market cap is $1.170 billion.

The company last announced its quarterly results on Wednesday, May 2nd. It reported $0.13 earnings per share (EPS) for the previous quarter, meeting the Thomson Reuters consensus estimate of $0.13 EPS. The company’s quarterly revenue was up 1.8% on a year-over-year basis. Analysts expect that Och-Ziff Capital Management Group LLC will post $0.15 EPS next quarter.

Och-Ziff Capital Management Group LLC (Och-Ziff) is an independent alternative asset manager with a diversified institutional investor base.

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