5N Plus Inc. (TSE:VNP) Receives C$34.08 Average Target Price from Brokerages

5N Plus Inc. (TSE:VNP) has earned a consensus recommendation of “Buy” from the seven brokerages that are presently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$34.08.

Several equities research analysts have recently issued reports on the company. ATB Cormark Capital Markets lowered their price objective on 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating for the company in a research note on Tuesday, February 3rd. Raymond James Financial increased their price target on 5N Plus from C$29.00 to C$35.00 and gave the company an “outperform” rating in a report on Thursday, February 26th. Canaccord Genuity Group raised their price target on 5N Plus from C$31.00 to C$34.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Ventum Financial lifted their price objective on shares of 5N Plus from C$30.00 to C$35.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Finally, National Bank Financial boosted their price objective on shares of 5N Plus from C$30.00 to C$33.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th.

5N Plus Stock Down 0.3%

Shares of TSE VNP opened at C$33.05 on Tuesday. The company has a current ratio of 2.76, a quick ratio of 1.51 and a debt-to-equity ratio of 84.42. 5N Plus has a 12-month low of C$5.12 and a 12-month high of C$35.29. The firm’s 50-day moving average price is C$27.35 and its 200-day moving average price is C$21.55. The stock has a market capitalization of C$2.94 billion, a price-to-earnings ratio of 59.02, a P/E/G ratio of 6,283.33 and a beta of 0.87.

5N Plus (TSE:VNP) last released its quarterly earnings results on Tuesday, February 24th. The company reported C$0.10 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 during the quarter. On average, equities research analysts anticipate that 5N Plus will post 0.3739703 EPS for the current fiscal 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. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.