Cohen & Steers (CNS) Receives a Rating Update from a Top Analyst
Bank of America Securities analyst Craig Siegenthaler maintained a Sell rating on Cohen & Steers today. The company’s shares closed yesterday at $64.53.
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Siegenthaler covers the Financial sector, focusing on stocks such as Affiliated Managers, Janus Henderson Group, and BlackRock. According to TipRanks, Siegenthaler has an average return of 20.4% and a 66.12% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cohen & Steers with a $79.50 average price target.
Based on Cohen & Steers’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $142.44 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
Read More on CNS:
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- Cohen & Steers CFO Resignation and Interim Appointment
- Cohen & Steers CFO Raja Dakkuri resigns, Michael Donohue named interim CFO
- Cohen & Steers reports preliminary AUM of $90.4B as of August 31
- Cohen & Steers price target lowered to $77 from $79 at Evercore ISI
- Cohen & Steers Amends Credit Agreement with $100M Facility
