5N Plus Inc. (TSE:VNP) Stock Has Average Target Price of C$45.28

Shares of 5N Plus Inc. (TSE:VNP) have been assigned an average recommendation of “Buy” from the nine research firms that are currently covering the stock, MarketBeat.com reports. Seven research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is C$45.28.

A number of research analysts have issued reports on VNP shares. Royal Bank Of Canada set a C$41.00 target price on shares of 5N Plus and gave the stock a “moderate buy” rating in a research report on Tuesday, July 21st. Canaccord Genuity Group set a C$48.00 price objective on 5N Plus and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Scotiabank set a C$48.00 target price on 5N Plus and gave the company a “sector outperform” rating in a research report on Monday, June 22nd. Raymond James Financial upgraded 5N Plus from a “moderate buy” rating to a “strong-buy” rating and set a C$45.00 target price for the company in a research report on Wednesday, August 5th. Finally, Ventum Financial set a C$44.00 price target on 5N Plus and gave the stock a “buy” rating in a research report on Monday, July 27th.

5N Plus Stock Down 2.7%

VNP opened at C$29.74 on Friday. 5N Plus has a fifty-two week low of C$17.01 and a fifty-two week high of C$49.97. The company has a debt-to-equity ratio of 45.47, a quick ratio of 1.51 and a current ratio of 2.28. The company has a market capitalization of C$2.67 billion, a P/E ratio of 43.10, a P/E/G ratio of 6,283.33 and a beta of 0.59. The stock has a fifty day moving average of C$28.35 and a 200-day moving average of C$34.27.

5N Plus (TSE:VNP) last released its quarterly earnings results on Monday, August 3rd. The company reported C$0.31 EPS for the quarter. 5N Plus had a net margin of 14.08% and a return on equity of 29.60%. The business had revenue of C$173.84 million for the quarter. On average, equities analysts expect that 5N Plus will post 0.37 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.