5N Plus Inc. (TSE:VNP) Receives Average Rating of “Buy” from Brokerages

Shares of 5N Plus Inc. (TSE:VNP) have been given an average rating of “Buy” by the seven brokerages that are covering the stock, MarketBeat Ratings 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 1-year price objective among brokerages that have covered the stock in the last year is C$43.58.

Several equities research analysts have weighed in on the stock. Raymond James Financial raised their target price on shares of 5N Plus from C$38.00 to C$45.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Canaccord Genuity Group raised their target price on shares of 5N Plus from C$31.00 to C$34.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. National Bank Financial lifted their price objective on shares of 5N Plus from C$38.00 to C$41.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. ATB Cormark Capital Markets lifted their price objective on shares of 5N Plus from C$45.00 to C$56.50 and gave the stock a “top pick” rating in a research note on Monday, May 25th. Finally, 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.

5N Plus Stock Performance

Shares of TSE:VNP opened at C$40.85 on Friday. The firm has a market cap of C$3.67 billion, a PE ratio of 62.85, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.92. The firm’s 50 day simple moving average is C$37.13 and its 200-day simple moving average is C$28.06. 5N Plus has a one year low of C$8.53 and a one year high of C$49.97. The company has a debt-to-equity ratio of 68.96, a quick ratio of 1.51 and a current ratio of 2.69.

5N Plus (TSE:VNP) last released its quarterly earnings data on Wednesday, May 6th. The company reported C$0.28 earnings per share (EPS) for the quarter. 5N Plus had a net margin of 13.95% and a return on equity of 30.00%. The firm had revenue of C$163.91 million for the quarter. As a group, equities analysts predict that 5N Plus will post 0.3739703 EPS for the current 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.