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

Shares of 5N Plus Inc. (TSE:VNP) have earned an average rating of “Buy” from the ten research firms that are presently covering the stock, MarketBeat reports. Seven analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$45.28.

VNP has been the topic of a number of recent research reports. National Bank Financial cut their price objective on shares of 5N Plus from C$50.00 to C$45.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Royal Bank Of Canada set a C$41.00 target price on shares of 5N Plus and gave the company a “moderate buy” rating in a report on Tuesday, July 21st. Scotiabank set a C$48.00 price target on 5N Plus and gave the stock a “sector outperform” rating in a research report on Monday, June 22nd. Canaccord Genuity Group set a C$48.00 price target on 5N Plus and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Finally, ATB Cormark Capital Markets raised their price objective 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.

5N Plus Stock Performance

Shares of 5N Plus stock opened at C$26.88 on Friday. 5N Plus has a 12 month low of C$14.18 and a 12 month high of C$49.97. The firm has a market capitalization of C$2.42 billion, a P/E ratio of 38.96, a P/E/G ratio of 6,283.33 and a beta of 0.95. 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 business has a fifty day simple moving average of C$34.55 and a two-hundred day simple moving average of C$34.57.

5N Plus (TSE:VNP) last released its earnings results on Monday, August 3rd. The company reported C$0.31 earnings per share for the quarter. The firm had revenue of C$173.84 million for the quarter. 5N Plus had a net margin of 14.08% and a return on equity of 29.60%. On average, equities analysts forecast that 5N Plus will post 0.3739703 earnings per share 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.