Jefferies Sees Compelling Investment in Och-Ziff Capital (OZM) After Road Trip with Management
Tweet Send to a FriendGet Alerts OZM Hot Sheet
Price: $11.58 --0%
Rating Summary:
3 Buy, 2 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 1 | Down: 7 | New: 7
Rating Summary:
3 Buy, 2 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 1 | Down: 7 | New: 7
Trade OZM Now!
Jefferies maintains a 'Buy' on Och-Ziff Capital Management Group (NYSE: OZM) price target of $12.50.
Analyst, Daniel T. Fannon, said, "We spent the last few days on the West Coast marketing with OZM management. Overall, investment opportunities are plentiful, ytd performance is solid (+4.55% thru 5/31), while industry flow trends remain tepid. With an approximate 5.6% dividend yield on mgmt fees alone, combined with the opportunity for significant earnings acceleration, we view OZM as a compelling investment."
For an analyst ratings summary and ratings history on Och-Ziff Capital Management Group click here. For more ratings news on Och-Ziff Capital Management Group click here.
Shares of Och-Ziff Capital Management Group closed at $7.71 yesterday, with a 52 week range of $6.56-$14.30.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Analyst, Daniel T. Fannon, said, "We spent the last few days on the West Coast marketing with OZM management. Overall, investment opportunities are plentiful, ytd performance is solid (+4.55% thru 5/31), while industry flow trends remain tepid. With an approximate 5.6% dividend yield on mgmt fees alone, combined with the opportunity for significant earnings acceleration, we view OZM as a compelling investment."
For an analyst ratings summary and ratings history on Och-Ziff Capital Management Group click here. For more ratings news on Och-Ziff Capital Management Group click here.
Shares of Och-Ziff Capital Management Group closed at $7.71 yesterday, with a 52 week range of $6.56-$14.30.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Wedbush Downgrades XenoPort (XNPT) to Neutral
- UPDATE: Applied Materials, Inc. (AMAT) Tops Q2 EPS by 3c, Offers Guidance
- Goldman Sachs Upgrades Abbott Labs (ABT) to Buy
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Jefferies & Co, Dividend, Earnings
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
