William Blair analyst Ross Sparenblek has maintained their bullish stance on MSA stock, giving a Buy rating on November 3.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ross Sparenblek has given his Buy rating due to a combination of factors, primarily revolving around MSA Safety’s recent achievement in obtaining approval for its G1 XR SCBA from the National Institute for Occupational Health and Safety. This certification aligns with the updated standards set by the National Fire Protection Association, which is a significant milestone for the company.
The approval removes a major obstacle for MSA’s fire segment, allowing the company to commence sales of its new SCBA model to fire departments across the U.S. Although some delays in orders are anticipated due to the postponed release of Assistance to Firefighter Grants, there is an expectation of increased SCBA revenue in the first half of 2026. This optimistic outlook is supported by historical parallels, where previous standard changes led to favorable market conditions for MSA Safety.
In another report released on November 3, D.A. Davidson also maintained a Buy rating on the stock with a $186.00 price target.