Stifel Resumes MSA Safety (MSA) at Hold

Stifel analyst Brian Brophy resumes coverage on MSA Safety (NYSE: MSA) with a Hold rating and a price target of $182.00.

The analyst comments: "We are resuming coverage of MSA Safety (MSA) with a Hold rating and $182 price target. We have a positive long-term view on the shares given the 1) upcoming SCBA replacement cycle, 2) opportunity to grow more recurring software and subscription revenue, 3) rising safety standards provide pricing and share gain opportunities, and 4) opportunity for valuation re-rating given discount to peers. While this longer-term outlook is favorable, we expect headwinds from difficult SCBA comps, tariffs, and slowing short-cycle activity in the near term. We look to get more positive on the shares when there is a clearer line of sight to the ramp in the SCBA cycle and improving short-cycle trends."

For an analyst ratings summary and ratings history on MSA Safety click here. For more ratings news on MSA Safety click here.

Shares of MSA Safety closed at $170.67 yesterday.

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