Evercore ISI Sticks to Their Buy Rating for Cohen & Steers (CNS)

In a report released yesterday, John Dunn from Evercore ISI maintained a Buy rating on Cohen & Steers, with a price target of $77.00. The company’s shares closed yesterday at $67.95.

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Dunn covers the Financial sector, focusing on stocks such as Cohen & Steers, Artisan Partners, and Janus Henderson Group. According to TipRanks, Dunn has an average return of 11.8% and a 58.00% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Cohen & Steers with a $74.00 average price target, representing an 8.90% upside. In a report released on October 30, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $77.00 price target.

Based on Cohen & Steers’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $136.13 million and a net profit of $36.85 million. In comparison, last year the company earned a revenue of $121.57 million and had a net profit of $31.77 million

Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CNS in relation to earlier this year. Earlier this month, Robert Hamilton Steers, the EC of CNS bought 100,888.00 shares for a total of $6,858,771.91.