5N Plus (TSE:VNP – Get Free Report) had its price objective increased by investment analysts at Desjardins from C$6.75 to C$7.25 in a report issued on Wednesday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ price target points to a potential upside of 24.36% from the company’s previous close.
VNP has been the topic of a number of other research reports. Raymond James lowered 5N Plus from a “strong-buy” rating to an “outperform” rating and boosted their price target for the stock from C$7.00 to C$7.50 in a research note on Friday, July 5th. National Bankshares lifted their target price on 5N Plus from C$0.60 to C$0.65 and gave the stock an “outperform” rating in a report on Tuesday, May 7th. Finally, Cormark upped their price target on shares of 5N Plus from C$5.50 to C$7.50 and gave the company a “buy” rating in a report on Friday, June 7th.
Get Our Latest Research Report on VNP
5N Plus Trading Down 1.4 %
5N Plus (TSE:VNP – Get Free Report) last announced its quarterly earnings data on Monday, May 6th. The company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.05 by C($0.01). The firm had revenue of C$87.66 million during the quarter, compared to the consensus estimate of C$88.32 million. 5N Plus had a return on equity of 13.41% and a net margin of 6.53%. Equities research analysts expect that 5N Plus will post 0.2529264 EPS for the current year.
Insider Buying and Selling
In related news, Director Jean-Marie Bourassa bought 5,800 shares of the business’s stock in a transaction dated Wednesday, May 15th. The stock was acquired at an average price of C$5.18 per share, with a total value of C$30,044.00. In other 5N Plus news, Director Luc Bertrand bought 5,000 shares of the stock in a transaction on Friday, June 14th. The shares were bought at an average price of C$6.01 per share, with a total value of C$30,045.00. Also, Director Jean-Marie Bourassa bought 5,800 shares of 5N Plus stock in a transaction dated Wednesday, May 15th. The stock was acquired at an average price of C$5.18 per share, with a total value of C$30,044.00. 4.82% of the stock is owned by insiders.
5N Plus Company Profile
5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.
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