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

5N Plus Inc. (TSE:VNP) has earned a consensus recommendation of “Buy” from the ten research firms that are presently covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$45.28.

Several analysts have commented on VNP shares. Royal Bank Of Canada set a C$41.00 price objective on 5N Plus and gave the company a “moderate buy” rating in a report on Tuesday, July 21st. Scotiabank set a C$48.00 price target on shares of 5N Plus and gave the company a “sector outperform” rating in a research report on Monday, June 22nd. ATB Cormark Capital Markets increased their target price on shares of 5N Plus from C$45.00 to C$56.50 and gave the stock a “top pick” rating in a report on Monday, May 25th. Scotia dropped their target price on 5N Plus from C$48.00 to C$35.00 and set a “sector outperform” rating on the stock in a report on Wednesday, August 5th. Finally, National Bank Financial reduced their target price on 5N Plus from C$50.00 to C$45.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th.

5N Plus Trading Up 4.9%

Shares of TSE:VNP opened at C$27.67 on Tuesday. 5N Plus has a 1 year low of C$15.17 and a 1 year high of C$49.97. The business’s 50-day moving average is C$29.23 and its 200 day moving average is C$34.20. The company has a debt-to-equity ratio of 45.47, a current ratio of 2.28 and a quick ratio of 1.51. The firm has a market capitalization of C$2.49 billion, a P/E ratio of 40.10, a P/E/G ratio of 6,283.33 and a beta of 0.75.

5N Plus (TSE:VNP) last released its earnings results on Monday, August 3rd. The company reported C$0.31 earnings per share (EPS) for the quarter. 5N Plus had a return on equity of 29.60% and a net margin of 14.08%.The firm had revenue of C$173.84 million for the quarter. On average, research analysts predict that 5N Plus will post 0.3739703 earnings per share 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.