5N Plus (TSE:VNP) Price Target Cut to C$45.00 by Analysts at National Bank Financial

5N Plus (TSE:VNP) had its price objective decreased by research analysts at National Bank Financial from C$50.00 to C$45.00 in a research note issued on Wednesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 51.41% from the company’s previous close.

VNP has been the subject of a number of other research reports. Desjardins cut their target price on shares of 5N Plus from C$50.00 to C$45.00 and set a “buy” rating for the company in a research report on Wednesday. Canaccord Genuity Group set a C$48.00 target price on 5N Plus and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Scotiabank set a C$48.00 price target on 5N Plus and gave the company a “sector outperform” rating in a research report on Monday, June 22nd. ATB Cormark Capital Markets upped their target price on shares of 5N Plus from C$45.00 to C$56.50 and gave the company a “top pick” rating in a research note on Monday, May 25th. Finally, Scotia decreased their price objective 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. Three investment analysts have rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, 5N Plus presently has a consensus rating of “Buy” and a consensus target price of C$45.28.

5N Plus Price Performance

Shares of TSE VNP traded down C$0.07 during mid-day trading on Wednesday, reaching C$29.72. The company had a trading volume of 680,562 shares, compared to its average volume of 555,849. The company has a 50-day moving average price of C$38.85 and a two-hundred day moving average price of C$33.76. The stock has a market cap of C$2.67 billion, a PE ratio of 45.72, a P/E/G ratio of 6,283.33 and a beta of 0.99. 5N Plus has a 1-year low of C$14.18 and a 1-year 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.

5N Plus (TSE:VNP) last posted its quarterly earnings data on Monday, August 3rd. The company reported C$0.31 EPS for the quarter. 5N Plus had a net margin of 13.95% and a return on equity of 30.00%. The company had revenue of C$173.84 million during the quarter. On average, equities analysts anticipate that 5N Plus will post 0.3739703 earnings per share for the current 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.