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Analysts at RBC Capital boosted their price objective on shares of Och-Ziff Capital Management Group LLC (NYSE:OZM) from $16.00 to $19.00 in a research report issued to clients and investors on Wednesday, American Banking and Market News reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s price objective indicates a potential upside of 21.33% from the stock’s previous close.

Shares of Och-Ziff Capital Management Group LLC (NYSE:OZM) traded up 1.62% on Wednesday, hitting $15.66. The stock had a trading volume of 889,754 shares. Och-Ziff Capital Management Group LLC has a 52-week low of $8.73 and a 52-week high of $15.56. The stock has a 50-day moving average of $14.24 and a 200-day moving average of $12.11. The company has a market cap of $2.502 billion and a P/E ratio of 22.20.

Och-Ziff Capital Management Group LLC (NYSE:OZM) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.07. The company had revenue of $210.70 million for the quarter, compared to the consensus estimate of $181.67 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 52.9% on a year-over-year basis. Analysts expect that Och-Ziff Capital Management Group LLC will post $1.48 EPS for the current fiscal year.

OZM has been the subject of a number of other recent research reports. Analysts at Jefferies Group raised their price target on shares of Och-Ziff Capital Management Group LLC from $13.00 to $15.00 in a research note to investors on Monday, November 18th. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Och-Ziff Capital Management Group LLC to $12.00 in a research note to investors on Monday, October 14th. They now have a “market perform” rating on the stock. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Och-Ziff Capital Management Group LLC presently has a consensus rating of “Hold” and an average price target of $14.23.

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

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