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Mine Safety Appliances (NYSE:MSA) was upgraded by research analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a report released on Monday, reports.

Mine Safety Appliances (NYSE:MSA) opened at 51.30 on Monday. Mine Safety Appliances has a 1-year low of $43.21 and a 1-year high of $55.38. The stock’s 50-day moving average is $49.44 and its 200-day moving average is $50.15. The company has a market cap of $1.908 billion and a price-to-earnings ratio of 23.22.

Mine Safety Appliances (NYSE:MSA) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $0.57 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.69 by $0.12. The company had revenue of $278.00 million for the quarter, compared to the consensus estimate of $298.91 million. During the same quarter last year, the company posted $0.52 earnings per share. Mine Safety Appliances’s revenue was down 2.9% compared to the same quarter last year. On average, analysts predict that Mine Safety Appliances will post $2.27 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on MSA. Analysts at Zacks upgraded shares of Mine Safety Appliances from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday. They now have a $52.20 price target on the stock.

Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety.

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