MSA Safety

MSA · NYSE

$182.21+$3.47 (+1.94%)TodayMarket closed · Oct 20, 6:30 PM ET

Prev close $178.74

MSA analyst rating

HoldConsensus of 4 analysts over the last 12 months. 25% rate it a buy.

Strong buy0
Buy1
Hold3
Underperform0
Sell0

12-month price target · 8 analysts

Average $210.86 (+15.7% upside)

Low: $191.90
Now: $182.21
High: $234.15

Upgrades and downgrades

The latest rating actions, newest first

MSA analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
JP Morgan	Aug 3, 2026	Maintains	Neutral	$210.00 → $220.00	27%
Baird	Aug 3, 2026	Maintains	Neutral	$197.00 → $215.00	72%
DA Davidson	May 11, 2026	Maintains	Buy	$235.00 → $206.00	54%
Jefferies	Mar 31, 2026	Initiates	Hold	$200.00 → $180.00	62%
Baird	Mar 30, 2026	Maintains	Neutral	$205.00 → $195.00	72%
DA Davidson	Feb 18, 2026	Maintains	Buy	$186.00 → $235.00	54%

The case for and against

Updated Aug 5, 2026

Bull case

MSA Safety is well-positioned for growth with its strong portfolio of safety products, high-end margin profile, and increasing recurring revenue. However, potential risks include the need for end-users to continue prioritizing safety outcomes, the potential for a competitor to introduce a better or cheaper safety technology, potential product liability claims, and the need for MSA to continually maintain its leadership in the safety technology industry. Despite these risks, the company's solid financials, strong track record, and ongoing M&A strategy make it a strong investment option for the long term.

Bear case

MSA Safety is expected to see moderate margin expansion and achieve its 2028 financial goal of $10-$11 of EPS. With a wide moat and increasing recurring revenue, the company has a track record of high quality and is a Best-of-Breed Bison member. Acquisitions and new-product innovation are also expected to contribute to growth, potentially leading to upside as the company continues to be rewarded by investors for its premium profile. Our price target of $206 is based on a ~16.5x next-twelve-months EV/EBITDA, in-line with MSA's long-term average as it enters a phase of moderate growth and mid-20s EBITDA.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.