Cohen & Steers Inc
CNS: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$23.00 | Fpbxp | Gnlwyckptf |
Cohen & Steers: Lowering Fair Value Estimate by 5% on Weaker Performance and Flows in September
We've lowered our fair value estimate for narrow-moat-rated Cohen & Steers to $64 per share from $67 to account for revised near-term expectations about assets under management, revenue, and profitability since our last update. We view the shares as being slightly undervalued.