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

5N Plus Inc. (TSE:VNP) has earned a consensus rating of “Buy” from the ten ratings firms that are presently covering the firm, MarketBeat reports. Seven analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is C$45.28.

A number of equities analysts have recently issued reports on the stock. Raymond James Financial raised shares of 5N Plus from a “moderate buy” rating to a “strong-buy” rating and set a C$45.00 price objective on the stock in a research report on Wednesday, August 5th. 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. Desjardins dropped their price target on 5N Plus from C$50.00 to C$45.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. Royal Bank Of Canada set a C$41.00 price target on 5N Plus and gave the stock a “moderate buy” rating in a report on Tuesday, July 21st. Finally, Canaccord Genuity Group set a C$48.00 price objective on 5N Plus and gave the company a “buy” rating in a research note on Tuesday, July 14th.

5N Plus Price Performance

Shares of TSE VNP opened at C$27.38 on Friday. 5N Plus has a twelve month low of C$14.18 and a twelve month high of C$49.97. The firm has a fifty day simple moving average of C$35.92 and a 200 day simple moving average of C$34.58. The company has a market capitalization of C$2.46 billion, a PE ratio of 39.68, a P/E/G ratio of 6,283.33 and a beta of 0.95. The company has a quick ratio of 1.51, a current ratio of 2.28 and a debt-to-equity ratio of 45.47.

5N Plus (TSE:VNP) last issued its quarterly earnings results on Monday, August 3rd. The company reported C$0.31 EPS for the quarter. The business had revenue of C$173.84 million for the quarter. 5N Plus had a net margin of 14.08% and a return on equity of 29.60%. On average, sell-side analysts forecast that 5N Plus will post 0.3739703 EPS 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.