5N Plus Inc. (TSE:VNP) Stock Now Rated “Buy” by Sell-Side Analysts

Shares of 5N Plus Inc. (TSE:VNP) have received a consensus rating of “Buy” from the nine brokerages that are presently covering the firm, Marketbeat reports. Seven investment analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$45.28.

Several equities research analysts have commented on the stock. Scotia lowered their price target on shares of 5N Plus from C$48.00 to C$35.00 and set a “sector outperform” rating on the stock in a report on Wednesday, August 5th. National Bank Financial reduced their price objective on 5N Plus from C$50.00 to C$45.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. Scotiabank set a C$48.00 price objective on 5N Plus and gave the company a “sector outperform” rating in a report on Monday, June 22nd. Canaccord Genuity Group set a C$48.00 target price on 5N Plus and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Finally, Royal Bank Of Canada set a C$41.00 target price on 5N Plus and gave the stock a “moderate buy” rating in a report on Tuesday, July 21st.

5N Plus Stock Up 0.0%

VNP stock opened at C$30.26 on Friday. The firm’s fifty day simple moving average is C$28.39 and its 200-day simple moving average is C$34.32. The company has a market capitalization of C$2.72 billion, a P/E ratio of 43.86, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.59. The company has a debt-to-equity ratio of 45.47, a current ratio of 2.28 and a quick ratio of 1.51. 5N Plus has a 12 month low of C$17.01 and a 12 month high of C$49.97.

5N Plus (TSE:VNP) last released its quarterly earnings data on Monday, August 3rd. The company reported C$0.31 earnings per share for the quarter. 5N Plus had a net margin of 14.08% and a return on equity of 29.60%. The firm had revenue of C$173.84 million for the quarter. As a group, equities research analysts forecast that 5N Plus will post 0.37 earnings per share 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.