Cohen & Steers Inc (CNS) Stock AnalysisCNSStock AnalysisCohen & Steers Inc

Cohen & Steers, Inc. is a holding company, which is engaged in global investment management. The Company is specialized in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. The Company’s distribution network encompasses two channels, wealth and institutional. Its wealth channel includes registered investment advisers, wire houses, independent and regional broker dealers and bank trusts. Its institutional channel includes sovereign wealth funds, corporate plans, insurance companies and public funds, including defined benefit and defined contribution plans, as well as other financial institutions that access its investment management services directly or through consultants and other intermediaries. The Company manages three types of investment vehicles, such as open-end funds, institutional accounts, and closed end. It operates in the Financials sector (INVESTMENT ADVICE industry).

Cohen & Steers Inc is a good buy right now due to its strong financial performance, evidenced by a recent net income of $49.3 million for Q2, which is a significant increase from $36.8 million a year ago. Additionally, the stock's current price of $82.73 is below the analyst price target range of $84 to $88, indicating potential for upside. The company also reported a year-to-date change of +30.14%, reflecting robust growth and market confidence. However, a notable risk is the forward P/E ratio of 22.94, which suggests that the stock may be overvalued if earnings do not meet expectations.

5 analysts cover CNS: 2 rate it Buy, 2 Hold and 1 Sell. The average price target is 63.00.