5N Plus (TSE:VNP) Given a C$41.00 Price Target by Royal Bank Of Canada Analysts

Royal Bank Of Canada set a C$41.00 price objective on 5N Plus (TSE:VNP) in a report published on Tuesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

VNP has been the subject of several other reports. National Bank Financial lifted their price objective on 5N Plus from C$41.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. Raymond James Financial increased their target price on 5N Plus from C$38.00 to C$45.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Canaccord Genuity Group set a C$48.00 price target on 5N Plus and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Scotiabank set a C$48.00 price target on 5N Plus and gave the stock a “sector outperform” rating in a research report on Monday, June 22nd. Finally, ATB Cormark Capital Markets boosted their price target on 5N Plus from C$45.00 to C$56.50 and gave the stock a “top pick” rating in a report on Monday, May 25th. Two research analysts have rated the stock with a Strong Buy rating and seven have given a Buy rating to the company. According to data from MarketBeat, 5N Plus presently has an average rating of “Buy” and a consensus price target of C$46.69.

5N Plus Price Performance

5N Plus stock opened at C$35.41 on Tuesday. The company has a quick ratio of 1.51, a current ratio of 2.69 and a debt-to-equity ratio of 68.96. The firm’s 50-day simple moving average is C$40.81 and its 200 day simple moving average is C$32.80. 5N Plus has a 52 week low of C$11.16 and a 52 week high of C$49.97. The firm has a market capitalization of C$3.18 billion, a PE ratio of 54.48, a P/E/G ratio of 6,283.33 and a beta of 0.99.

5N Plus (TSE:VNP) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C$0.28 earnings per share (EPS) for the quarter. The company had revenue of C$163.91 million for the quarter. 5N Plus had a net margin of 13.95% and a return on equity of 30.00%. On average, equities 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.