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

5N Plus Inc. (TSE:VNP) has received an average recommendation of “Buy” from the five research firms that are covering the company, Marketbeat reports. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating on 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.

Separately, Cormark raised shares of 5N Plus to a “moderate buy” rating in a research report on Monday.

5N Plus Price Performance

VNP stock opened at C$6.34 on Tuesday. The firm has a market cap of C$397.98 million, a P/E ratio of 24.93, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55. The company has a debt-to-equity ratio of 104.29, a quick ratio of 1.51 and a current ratio of 3.49. 5N Plus has a 1 year low of C$4.57 and a 1 year high of C$8.99. The stock has a 50-day simple moving average of C$5.85 and a 200-day simple moving average of C$6.69.

Insider Buying and Selling at 5N Plus

In related news, Director Jean-Marie Bourassa sold 400,000 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of C$5.55, for a total transaction of C$2,220,000.00. 4.91% of the stock is currently owned by corporate insiders.

About 5N Plus

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.