5N Plus (TSE:VNP) Given New C$50.00 Price Target at National Bank Financial

5N Plus (TSE:VNP) had its price target lifted by investment analysts at National Bank Financial from C$41.00 to C$50.00 in a report released on Monday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 23.18% from the stock’s current price.

Other equities analysts also recently issued reports about the company. Desjardins raised their price target on 5N Plus from C$43.00 to C$50.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Canaccord Genuity Group lifted their target price on 5N Plus from C$31.00 to C$34.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Ventum Financial lifted their target price on 5N Plus from C$30.00 to C$35.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. ATB Cormark Capital Markets lifted their target price on 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. Finally, Raymond James Financial lifted their target price on 5N Plus from C$38.00 to C$45.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to MarketBeat.com, 5N Plus has a consensus rating of “Buy” and an average target price of C$45.08.

5N Plus Stock Performance

Shares of VNP stock traded up C$1.34 on Monday, reaching C$40.59. The stock had a trading volume of 322,506 shares, compared to its average volume of 523,078. The stock has a market cap of C$3.65 billion, a P/E ratio of 62.45, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.92. 5N Plus has a 1 year low of C$8.53 and a 1 year high of C$49.97. The company has a debt-to-equity ratio of 68.96, a quick ratio of 1.51 and a current ratio of 2.69. The company has a 50 day simple moving average of C$37.87 and a 200 day simple moving average of C$28.83.

5N Plus (TSE:VNP) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$0.28 earnings per share (EPS) for the quarter. The firm had revenue of C$163.91 million for the quarter. 5N Plus had a return on equity of 30.00% and a net margin of 13.95%. Equities research analysts expect 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.