5N Plus Inc. (TSE:VNP) Receives Average Rating of “Buy” from Analysts

5N Plus Inc. (TSE:VNP) has been assigned a consensus rating of “Buy” from the six ratings firms that are presently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$23.50.

Several research firms have recently commented on VNP. Desjardins increased their target price on 5N Plus from C$17.50 to C$23.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. National Bankshares raised their price target on 5N Plus from C$17.00 to C$21.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Raymond James Financial boosted their target price on shares of 5N Plus from C$24.00 to C$26.00 in a research note on Wednesday, November 5th. Canaccord Genuity Group set a C$26.00 price target on 5N Plus and gave the stock a “buy” rating in a research note on Thursday, January 8th. Finally, Ventum Financial raised their price objective on shares of 5N Plus from C$19.00 to C$21.50 in a research note on Wednesday, October 29th.

5N Plus Price Performance

VNP stock opened at C$24.08 on Monday. The stock has a 50-day moving average price of C$19.20 and a two-hundred day moving average price of C$17.37. The company has a market cap of C$2.14 billion, a PE ratio of 49.14, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.89. 5N Plus has a 12-month low of C$4.90 and a 12-month high of C$24.95. The company has a current ratio of 3.49, a quick ratio of 1.51 and a debt-to-equity ratio of 104.29.

5N Plus (TSE:VNP) last released its quarterly earnings data on Monday, November 3rd. The company reported C$0.20 EPS for the quarter. The company had revenue of C$146.06 million for the quarter. 5N Plus had a return on equity of 11.86% and a net margin of 5.63%. As a group, research analysts predict that 5N Plus will post 0.3739703 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.