5N Plus Inc. (TSE:VNP) Receives Average Recommendation of “Buy” from Brokerages

5N Plus Inc. (TSE:VNP) has been assigned a consensus rating of “Buy” from the seven analysts that are currently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$43.58.

VNP has been the subject of a number of analyst reports. Canaccord Genuity Group raised their price objective 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. National Bank Financial raised their price objective on 5N Plus from C$38.00 to C$41.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. 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. Raymond James Financial raised their price objective 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, Desjardins lifted their target price on 5N Plus from C$43.00 to C$50.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd.

5N Plus Stock Down 2.1%

VNP stock opened at C$39.25 on Friday. 5N Plus has a twelve month low of C$8.53 and a twelve month high of C$49.97. The company has a quick ratio of 1.51, a current ratio of 2.69 and a debt-to-equity ratio of 68.96. The firm has a market cap of C$3.53 billion, a PE ratio of 60.38, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.92. The business has a 50 day moving average of C$37.87 and a 200 day moving average of C$28.76.

5N Plus (TSE:VNP) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$0.28 earnings per share for the quarter. 5N Plus had a return on equity of 30.00% and a net margin of 13.95%.The company had revenue of C$163.91 million during the quarter. On average, research analysts forecast that 5N Plus will post 0.3739703 EPS for the current fiscal 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.