Wilsons Keeps Their Buy Rating on Nanosonics Limited (NNCSF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 23 2025
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Source: Business Insider
Analyst Ratings: Shane Storey from Wilsons maintains a Buy rating on Nanosonics Limited with a price target of A$6.00, while Canaccord Genuity also upgraded the stock to Buy; however, J.P. Morgan downgraded it to Sell on the same day.
Financial Performance: Nanosonics reported a quarterly revenue of $93.6 million and a net profit of $9.76 million, showing significant growth compared to the previous year, alongside positive insider sentiment with increased share purchases by 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.
