Analysts Set 5N Plus Inc. (TSE:VNP) Price Target at C$8.60

Shares of 5N Plus Inc. (TSE:VNP) have been assigned an average rating of “Buy” from the six ratings firms that are currently covering the company, Marketbeat reports. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$8.60.

A number of equities analysts have commented on VNP shares. National Bankshares lifted their target price on 5N Plus from C$8.00 to C$8.50 in a research note on Tuesday, November 5th. Ventum Financial set a C$10.00 price objective on 5N Plus and gave the company a “buy” rating in a research report on Thursday. Raymond James increased their target price on 5N Plus from C$7.50 to C$8.50 in a research report on Friday, September 6th. Desjardins raised their target price on 5N Plus from C$7.25 to C$8.50 and gave the company a “buy” rating in a research note on Tuesday, September 10th. Finally, Ventum Cap Mkts upgraded shares of 5N Plus to a “strong-buy” rating in a research report on Wednesday, December 11th.

Insider Activity

In related news, Director Jean-Marie Bourassa acquired 9,000 shares of 5N Plus stock in a transaction dated Friday, November 15th. The stock was acquired at an average cost of C$6.75 per share, with a total value of C$60,750.00. Insiders own 4.91% of the company’s stock.

5N Plus Price Performance

Shares of VNP opened at C$6.42 on Friday. 5N Plus has a 52 week low of C$3.33 and a 52 week high of C$7.61. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23. The firm has a market cap of C$570.87 million, a price-to-earnings ratio of 40.13, a PEG ratio of 6,283.33 and a beta of 1.55. The stock has a 50 day moving average of C$6.71 and a 200-day moving average of C$6.41.

5N Plus Company Profile

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.