5N Plus Inc. (TSE:VNP) Stock Now Rated “Buy” by Sell-Side Analysts

5N Plus Inc. (TSE:VNP) has earned a consensus recommendation of “Buy” from the nine research firms that are covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is C$45.28.

A number of analysts recently commented on VNP shares. 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. Desjardins dropped their target price on 5N Plus from C$50.00 to C$45.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Royal Bank Of Canada set a C$41.00 price target on 5N Plus and gave the company a “moderate buy” rating in a research note on Tuesday, July 21st. Raymond James Financial raised shares of 5N Plus from a “moderate buy” rating to a “strong-buy” rating and set a C$45.00 price target for the company in a research report on Wednesday, August 5th. Finally, Canaccord Genuity Group set a C$48.00 price objective on shares of 5N Plus and gave the stock a “buy” rating in a report on Tuesday, July 14th.

5N Plus Price Performance

Shares of VNP opened at C$32.62 on Wednesday. The firm 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. The company has a current ratio of 2.28, a quick ratio of 1.51 and a debt-to-equity ratio of 45.47. The firm has a fifty day simple moving average of C$27.98 and a two-hundred day simple moving average of C$31.97. 5N Plus has a 1-year low of C$17.20 and a 1-year high of C$49.97.

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