Hedge fund Och-Ziff looks overpriced -Barron's

Sun Nov 18, 2007 6:38pm EST
 
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NEW YORK, Nov 18 (Reuters) - Shares of hedge fund Och-Ziff Capital Management Group (OZM.N) may dip even further as it is overvalued compared to other money management firms, according to Barron's financial newspaper.

Even after Och-Ziff's disappointing first week as a publicly traded company, with its shares falling 12.5 percent to $28 at Friday's close, the company does not look like a bargin. If the stock lost another $5 to $10, it may still not be cheap, Barron's said in its Nov. 19 edition. (Reporting by Lisa Lee; Editing by Braden Reddall)

 

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