5N Plus Inc. (TSE:VNP) Receives C$34.58 Average Target Price from Brokerages

5N Plus Inc. (TSE:VNP) has been given an average recommendation of “Buy” by the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$34.58.

VNP has been the topic of several recent research reports. Ventum Financial lifted their price objective 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. Raymond James Financial lifted their price objective on shares of 5N Plus from C$35.00 to C$38.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 1st. ATB Cormark Capital Markets lowered their price objective on shares of 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating on the stock in a research note on Tuesday, February 3rd. Canaccord Genuity Group lifted their price objective on shares of 5N Plus from C$31.00 to C$34.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Finally, Desjardins lifted their price objective on shares of 5N Plus from C$24.50 to C$30.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd.

5N Plus Stock Performance

Shares of VNP opened at C$34.77 on Friday. The firm’s 50 day moving average is C$30.70 and its 200-day moving average is C$23.55. The stock has a market capitalization of C$3.13 billion, a P/E ratio of 62.09, a P/E/G ratio of 6,283.33 and a beta of 0.85. The company has a debt-to-equity ratio of 84.42, a current ratio of 2.76 and a quick ratio of 1.51. 5N Plus has a 12-month low of C$5.58 and a 12-month high of C$36.40.

5N Plus (TSE:VNP) last announced its quarterly earnings data on Tuesday, February 24th. The company reported C$0.10 earnings per share (EPS) for the quarter. The company had revenue of C$134.21 million for the quarter. 5N Plus had a net margin of 12.89% and a return on equity of 28.32%. 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.