5N Plus Inc. (TSE:VNP) Receives Average Recommendation of “Strong Buy” from Analysts

Shares of 5N Plus Inc. (TSE:VNP) have been assigned a consensus recommendation of “Strong Buy” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is C$22.88.

Several brokerages have recently issued reports on VNP. National Bankshares increased their price objective on shares of 5N Plus from C$17.00 to C$21.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. Raymond James Financial upped their target price on shares of 5N Plus from C$24.00 to C$26.00 in a research note on Wednesday, November 5th. Desjardins lifted their price target on 5N Plus from C$17.50 to C$23.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Ventum Financial boosted their price target on 5N Plus from C$19.00 to C$21.50 in a report on Wednesday, October 29th. Finally, Cormark raised shares of 5N Plus from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, September 25th.

5N Plus Stock Performance

Shares of VNP stock opened at C$19.85 on Wednesday. The stock has a 50-day moving average of C$18.84 and a 200-day moving average of C$14.28. 5N Plus has a one year low of C$4.90 and a one year high of C$22.50. The stock has a market cap of C$1.77 billion, a PE ratio of 40.51, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.16. 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 (TSE:VNP) last issued its quarterly earnings data on Monday, November 3rd. The company reported C$0.20 earnings per share (EPS) for the quarter. The firm had revenue of C$146.06 million during the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%. As a group, sell-side analysts expect that 5N Plus will post 0.3739703 earnings per share for the current 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.