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

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

VNP has been the topic of a number of recent research reports. Canaccord Genuity Group lifted their target price on 5N Plus from C$31.00 to C$34.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. National Bank Financial upped their price target on 5N Plus from C$30.00 to C$33.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Raymond James Financial raised their price objective on 5N Plus from C$29.00 to C$35.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Ventum Financial lifted their price objective on 5N Plus from C$30.00 to C$35.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Finally, Desjardins boosted their price objective on 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a research report on Monday, February 2nd.

5N Plus Price Performance

TSE:VNP opened at C$29.96 on Tuesday. 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 one year low of C$5.12 and a one year high of C$35.29. The company has a fifty day moving average price of C$27.54 and a 200 day moving average price of C$21.70. The stock has a market cap of C$2.67 billion, a P/E ratio of 53.50, a PEG ratio of 6,283.33 and a beta of 0.87.

5N Plus (TSE:VNP) last posted its quarterly earnings results 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%. Analysts anticipate that 5N Plus will post 0.3739703 earnings per share 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.