Nanosonics Limited (NNCSF) Gets a Buy from Morgans
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 20 2025
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Source: Business Insider
Analyst Ratings: Morgans analyst Iain Wilkie maintains a Buy rating on Nanosonics Limited with a price target of A$5.50, while Canaccord Genuity also upgraded the stock to Buy with a price target of A$5.74. The current analyst consensus is a Moderate Buy with a price target of $2.92.
Company Performance: Nanosonics reported quarterly revenue of $90.37 million and a net profit of $6.8 million, showing an increase in revenue compared to the previous year but a decline in net profit; positive insider sentiment indicates increased buying activity among corporate insiders.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
