5N Plus Inc. (TSE:VNP) Receives Average Recommendation of “Buy” from Analysts

Shares of 5N Plus Inc. (TSE:VNP) have been given a consensus rating of “Buy” by the seven research firms that are presently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$34.08.

A number of analysts have recently issued reports on the company. Raymond James Financial lifted their target price on 5N Plus from C$29.00 to C$35.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Canaccord Genuity Group raised their price objective on 5N Plus from C$31.00 to C$34.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Ventum Financial lifted their price objective on 5N Plus from C$30.00 to C$35.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. National Bank Financial upped their target price on 5N Plus from C$30.00 to C$33.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Finally, ATB Cormark Capital Markets reduced their target price on 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating for the company in a research note on Tuesday, February 3rd.

5N Plus Stock Performance

5N Plus stock opened at C$31.07 on Tuesday. 5N Plus has a 12-month low of C$5.12 and a 12-month high of C$32.55. The company has a market capitalization of C$2.77 billion, a price-to-earnings ratio of 55.48, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.87. The company has a debt-to-equity ratio of 84.42, a current ratio of 2.76 and a quick ratio of 1.51. The firm’s fifty day moving average price is C$26.30 and its 200 day moving average price is C$21.09.

5N Plus (TSE:VNP) last posted its quarterly earnings data on Tuesday, February 24th. The company reported C$0.10 earnings per share for the quarter. The company had revenue of C$134.21 million during the quarter. 5N Plus had a net margin of 12.89% and a return on equity of 28.32%. On average, research analysts forecast that 5N Plus will post 0.3739703 EPS for the current fiscal year.

5N Plus Company Profile

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.