Royal Bank Of Canada Reiterates C$41.00 Price Target for 5N Plus (TSE:VNP)

Royal Bank Of Canada set a C$41.00 target price on 5N Plus (TSE:VNP) in a research note published on Tuesday, Marketbeat Ratings reports. The firm currently has a moderate buy rating on the stock.

VNP has been the subject of a number of other research reports. ATB Cormark Capital Markets increased 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 report on Monday, May 25th. National Bank Financial lifted their target price on 5N Plus from C$41.00 to C$50.00 and gave the stock an “outperform” rating in a report on Monday, June 15th. Scotiabank set a C$48.00 price target on shares of 5N Plus and gave the company a “sector outperform” rating in a report on Monday, June 22nd. Raymond James Financial upped their price target 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. Finally, Canaccord Genuity Group set a C$48.00 target price on shares of 5N Plus and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Two 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, the company currently has a consensus rating of “Buy” and an average price target of C$46.69.

5N Plus Stock Down 0.8%

Shares of TSE:VNP opened at C$34.72 on Tuesday. The stock has a market capitalization of C$3.12 billion, a price-to-earnings ratio of 53.42, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.99. 5N Plus has a 1-year low of C$11.24 and a 1-year high of C$49.97. The company’s fifty day moving average is C$40.59 and its two-hundred day moving average is C$33.04. The company has a debt-to-equity ratio of 68.96, a quick ratio of 1.51 and a current ratio of 2.69.

5N Plus (TSE:VNP) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$0.28 earnings per share (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$163.91 million for the quarter. Equities analysts anticipate that 5N Plus will post 0.3739703 EPS 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.