5N Plus Inc. (VNP.TO) – What Are Analysts Thinking About This Stock?

Shares of 5N Plus Inc. (TSE:VNP) have been assigned a consensus rating of “Buy” from the nine brokerages that are covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is C$45.28.

Several brokerages have commented on VNP. National Bank Financial cut their target price on 5N Plus from C$50.00 to C$45.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 5th. Royal Bank Of Canada set a C$41.00 price target on 5N Plus and gave the stock a “moderate buy” rating in a research note on Tuesday, July 21st. Scotia lowered their price target on 5N Plus from C$48.00 to C$35.00 and set a “sector outperform” rating on the stock in a report on Wednesday, August 5th. Ventum Financial set a C$44.00 price objective on 5N Plus and gave the company a “buy” rating in a research report on Monday, July 27th. Finally, Raymond James Financial upgraded 5N Plus from a “moderate buy” rating to a “strong-buy” rating and set a C$45.00 price objective for the company in a report on Wednesday, August 5th.

5N Plus Trading Up 24.7%

Shares of TSE VNP opened at C$32.62 on Wednesday. The firm’s 50 day moving average price is C$27.98 and its 200-day moving average price is C$31.97. 5N Plus has a 52-week low of C$17.20 and a 52-week high of C$49.97. The company has a debt-to-equity ratio of 45.47, a quick ratio of 1.51 and a current ratio of 2.28. The company has a market cap of C$2.93 billion, a PE ratio of 47.28, a P/E/G ratio of 6,283.33 and a beta of 0.59.

5N Plus (TSE:VNP) last announced its quarterly earnings results on Monday, November 2nd. The company reported C$0.28 earnings per share for the quarter. 5N Plus had a net margin of 14.08% and a return on equity of 29.60%. The company had revenue of C$194.16 million during the quarter. On average, equities research analysts expect that 5N Plus will post 0.37 EPS for the current fiscal 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.