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

5N Plus Inc. (TSE:VNP) has received a consensus recommendation of “Buy” from the eight ratings firms that are presently covering the company, Marketbeat reports. Six 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 analysts that have issued a report on the stock in the last year is C$45.50.

A number of analysts have weighed in on the company. Scotiabank set a C$48.00 price target on 5N Plus and gave the stock a “sector outperform” rating in a report on Monday, June 22nd. Raymond James Financial boosted their price objective on 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. National Bank Financial upped their target price on 5N Plus from C$41.00 to C$50.00 and gave the company an “outperform” rating in a research report on Monday, June 15th. ATB Cormark Capital Markets raised their target price on 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, Desjardins lifted their target price on 5N Plus from C$43.00 to C$50.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd.

5N Plus Stock Performance

TSE:VNP opened at C$43.78 on Thursday. The firm’s fifty day moving average is C$39.80 and its 200-day moving average is C$30.80. 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 has a 52 week low of C$8.88 and a 52 week high of C$49.97. The firm has a market cap of C$3.94 billion, a P/E ratio of 67.35, a P/E/G ratio of 6,283.33 and a beta of 0.92.

5N Plus (TSE:VNP) last announced its earnings results on Wednesday, May 6th. The company reported C$0.28 earnings per share for the quarter. The business had revenue of C$163.91 million during the quarter. 5N Plus had a net margin of 13.95% and a return on equity of 30.00%. Equities analysts expect that 5N Plus will post 0.3739703 earnings per share 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.