In a report released yesterday, Stanley Elliott from Stifel Nicolaus maintained a Buy rating on MSA Safety (MSA – Research Report), with a price target of $172.00. The company’s shares closed yesterday at $135.94.
Elliott covers the Industrial Goods sector, focusing on stocks such as Deere, Terex, and Agco. According to TipRanks, Elliott has an average return of 15.6% and a 68.21% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MSA Safety with a $162.50 average price target.
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MSA market cap is currently $5.33B and has a P/E ratio of 29.83.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MSA in relation to earlier this year.
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MSA Safety, Inc. engages in developing, manufacturing, and sale of innovative products, which enhances the safety and health of workers and protect facility infrastructures. It operates through the following geographical segments: Americas, International, and Corporate. The Americas segment consists of manufacturing and research and development facilities in U.S., Mexico, and Brazil. The International segment comprises of companies in Europe, Middle East, Africa, and the Asia Pacific region. The Corporate segment focuses on the general and administrative expenses incurred in its corporate headquarters. The company was founded in 1914 is headquartered in Cranberry Township, PA.
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