5N Plus Inc. (TSE:VNP) Receives C$46.69 Consensus Price Target from Brokerages

Shares of 5N Plus Inc. (TSE:VNP) have earned an average rating of “Buy” from the nine brokerages that are covering the company, Marketbeat.com reports. Seven equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$47.81.

VNP has been the subject of several recent research reports. Ventum Financial set a C$44.00 price objective on 5N Plus and gave the stock a “buy” rating in a report on Monday, July 27th. Scotiabank set a C$48.00 price objective on shares of 5N Plus and gave the company a “sector outperform” rating in a report on Monday, June 22nd. Desjardins increased their target price on shares of 5N Plus from C$43.00 to C$50.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. National Bank Financial lifted their target price on shares of 5N Plus from C$41.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Monday, June 15th. Finally, ATB Cormark Capital Markets boosted their price target on shares of 5N Plus from C$45.00 to C$56.50 and gave the company a “top pick” rating in a research report on Monday, May 25th.

5N Plus Price Performance

5N Plus stock opened at C$32.58 on Monday. 5N Plus has a 12 month low of C$12.19 and a 12 month high of C$49.97. The company has a current ratio of 2.69, a quick ratio of 1.51 and a debt-to-equity ratio of 68.96. The business’s 50 day simple moving average is C$39.46 and its 200 day simple moving average is C$33.61. The company has a market cap of C$2.93 billion, a price-to-earnings ratio of 50.12, a PEG ratio of 6,283.33 and a beta of 0.99.

5N Plus (TSE:VNP) last released its earnings results on Wednesday, May 6th. The company reported C$0.28 earnings per share (EPS) for the quarter. The business had revenue of C$163.91 million during the quarter. 5N Plus had a return on equity of 30.00% and a net margin of 13.95%. Sell-side analysts forecast that 5N Plus will post 0.3739703 EPS for the current year.

About 5N Plus

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.