Credit Suisse Reiterates a Hold Rating on Och-Ziff Capital

By Carrie Williams

In a report issued on November 3, Craig Siegenthaler from Credit Suisse reiterated a Hold rating on Och-Ziff Capital (NYSE: OZM), with a price target of $3. The company’s shares closed last Friday at $2.90, close to its 52-week low of $2.84.

According to, Siegenthaler is a 1-star analyst with an average return of -1.4% and a 47.7% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Huntington Bancshares Inc., Virtus Investment Partners, and Oaktree Capital Group Llc.

Currently, the analyst consensus on Och-Ziff Capital is Moderate Buy and the average price target is $4, representing a 37.9% upside.

In a report released today, Citigroup also upgraded the stock to Hold with a $3 price target.

The company has a one year high of $7.28 and a one year low of $2.84. Currently, Och-Ziff Capital has an average volume of 787.2K.

Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock.

Och-Ziff Capital Management Group LLC operates as an institutional alternative asset manager. It provides asset management services through its funds, which pursue a broad range of global investment opportunities, and by developing new, carefully considered investment products. The company also offers customized solutions within and across its product platforms to help its fund investors meet their investment objectives. Its funds invest across numerous asset classes and geographies, with a breadth it believes is offered by few alternative asset management firms. The company operates its business through two segments: Och-Ziff Funds and Real Estate. The Och-Ziff Funds segment provides asset management services to its multi-strategy funds, dedicated credit funds and other alternative investment vehicles. The Real Estate segment provides asset management services to its real estate funds, is included within other operations. Och-Ziff Capital Management Group was founded by Daniel Saul Och in 1994 and is headquartered in New York, NY.