Mizuho has initiated coverage on NAPCO Security Technologies (NSSC, Financial) with a positive outlook. Analyst Peter Costa has given the security technology provider an "Outperform" rating, indicating strong confidence in the company's future performance.
A price target of USD 39.00 has been announced for NAPCO Security Technologies (NSSC, Financial), underscoring potential growth prospects for the company. This new coverage provides investors with a fresh perspective on NSSC's market potential and future trajectory.
The initiation by Mizuho marks a significant step in analyst coverage for NAPCO Security Technologies (NSSC, Financial), as it continues to innovate and expand within the security technology sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for NAPCO Security Technologies Inc (NSSC, Financial) is $28.30 with a high estimate of $33.00 and a low estimate of $24.50. The average target implies an downside of 6.29% from the current price of $30.20. More detailed estimate data can be found on the NAPCO Security Technologies Inc (NSSC) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, NAPCO Security Technologies Inc's (NSSC, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for NAPCO Security Technologies Inc (NSSC, Financial) in one year is $37.80, suggesting a upside of 25.17% from the current price of $30.2. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the NAPCO Security Technologies Inc (NSSC) Summary page.
