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

Shares of 5N Plus Inc. (TSE:VNP) have been given an average rating of “Buy” by the seven brokerages that are covering the company, Marketbeat.com reports. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$34.08.

A number of research firms have recently issued reports on VNP. Raymond James Financial upped their target price on shares of 5N Plus from C$29.00 to C$35.00 and gave the stock an “outperform” rating in a report on Thursday, February 26th. Ventum Financial raised their price target on shares of 5N Plus from C$30.00 to C$35.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. ATB Cormark Capital Markets dropped their price objective on shares of 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating for the company in a research note on Tuesday, February 3rd. Desjardins increased their price objective on shares of 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Finally, National Bank Financial raised their target price on shares of 5N Plus from C$30.00 to C$33.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th.

5N Plus Stock Performance

TSE VNP opened at C$28.60 on Friday. The company has a debt-to-equity ratio of 84.42, a current ratio of 2.76 and a quick ratio of 1.51. The stock’s 50 day simple moving average is C$23.71 and its 200-day simple moving average is C$19.81. The company has a market cap of C$2.55 billion, a PE ratio of 51.07, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.19. 5N Plus has a 1-year low of C$4.90 and a 1-year high of C$31.78.

5N Plus (TSE:VNP) last issued its quarterly earnings results on Tuesday, February 24th. The company reported C$0.10 EPS for the quarter. The firm had revenue of C$134.21 million during the quarter. 5N Plus had a return on equity of 28.32% and a net margin of 12.89%. As a group, equities research analysts anticipate 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.