Market Overview

Citigroup Reiterates Buy Rating, $12 PT on Och-Ziff Capital Management Group After Solid Monthly Disclosure

Share:
Related OZM
Top 4 NYSE Stocks In The Asset Management Industry With The Lowest PEG Ratio
Top 4 Mid-Cap Stocks In The Asset Management Industry With The Highest ROI

In a report published Monday, Citigroup reiterated its Buy rating and $12.00 price target on Och-Ziff Capital Management Group (NYSE: OZM).

Citigroup noted, “We still see solid upside to our 12-month target and believe the stock could outperform in the ST given positive disclosure and recent underperformance versus peers – group up 15% to 30% thus far in 2013 versus 6% for OZM. We still see a solid “yield play” at hand with Jan/Feb data reinforcing our thesis, yet prefer BX followed by KKR for greater flow and business model inflections. OZM will release 4Q results on 2/7 – we see outsized dividend likely.”

Och-Ziff Capital Management Group closed on Friday at $10.10.

Latest Ratings for OZM

DateFirmActionFromTo
May 2015CitigroupMaintainsBuy
Feb 2015Keefe Bruyette & WoodsMaintainsOutperform
Feb 2015CitigroupMaintainsBuy

View More Analyst Ratings for OZM
View the Latest Analyst Ratings

Posted-In: CitigroupAnalyst Color Reiteration Analyst Ratings

 

Related Articles (OZM)

Around the Web, We're Loving...

Get Benzinga's Newsletters