Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Cohen & Steers Inc (NYSE: CNS) weakened of late. CNS’ current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Cohen & Steers Inc (NYSE: CNS) stock closed at $74.39 on 4/8/24 after a large increase of 2.2%. However, unusually low trading volume at 56% of normal accompanied the advance. The stock has declined -3.3% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
CNS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Cohen & Steers has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Cohen & Steers has a poor Appreciation Score of 28 but a very high Power Rating of 86, and the Neutral Value Trend Rating results.
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