National Bankshares Issues Positive Forecast for 5N Plus (TSE:VNP) Stock Price

5N Plus (TSE:VNP) had its target price upped by National Bankshares from C$17.00 to C$21.00 in a report issued on Tuesday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Other analysts also recently issued research reports about the company. National Bank Financial raised 5N Plus to a “strong-buy” rating in a research note on Thursday, June 12th. Ventum Financial lifted their price target on 5N Plus from C$11.00 to C$14.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. Desjardins lifted their target price on 5N Plus from C$11.00 to C$14.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Finally, Cormark raised 5N Plus from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, September 25th. Three investment analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. Based on data from MarketBeat.com, 5N Plus presently has a consensus rating of “Strong Buy” and an average target price of C$16.33.

5N Plus Stock Performance

VNP opened at C$17.73 on Tuesday. The business’s 50-day moving average price is C$15.31 and its two-hundred day moving average price is C$10.54. 5N Plus has a 1 year low of C$4.90 and a 1 year high of C$18.58. The company has a market capitalization of C$1.58 billion, a price-to-earnings ratio of 49.25, a P/E/G ratio of 6,283.33 and a beta of 1.46. The company has a debt-to-equity ratio of 104.29, a current ratio of 3.49 and a quick ratio of 1.51.

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.