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

5N Plus (TSE:VNP) had its price target increased by National Bank Financial from C$33.00 to C$38.00 in a report issued on Tuesday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other research analysts have also issued reports on the company. Desjardins lifted their target price on 5N Plus from C$24.50 to C$30.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Canaccord Genuity Group upped their price target on shares of 5N Plus from C$31.00 to C$34.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Ventum Financial raised their price objective on shares of 5N Plus from C$30.00 to C$35.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Raymond James Financial lifted their price objective on shares of 5N Plus from C$35.00 to C$38.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 1st. Finally, ATB Cormark Capital Markets dropped their target price on shares of 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating on the stock in a report on Tuesday, February 3rd. Two analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$35.42.

5N Plus Stock Performance

VNP opened at C$33.59 on Tuesday. The company has a market capitalization of C$3.02 billion, a price-to-earnings ratio of 59.98, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.85. The company has a debt-to-equity ratio of 84.42, a current ratio of 2.76 and a quick ratio of 1.51. 5N Plus has a 1-year low of C$5.95 and a 1-year high of C$36.40. The business has a 50 day moving average price of C$30.83 and a two-hundred day moving average price of C$23.66.

5N Plus (TSE:VNP) last issued its quarterly earnings results on Tuesday, February 24th. The company reported C$0.10 earnings per share (EPS) for the quarter. 5N Plus had a return on equity of 28.32% and a net margin of 12.89%.The company had revenue of C$134.21 million for the quarter. Research analysts predict that 5N Plus will post 0.3739703 EPS for the current fiscal year.

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. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.