5N Plus (TSE:VNP) PT Set at C$41.00 by Royal Bank Of Canada

5N Plus (TSE:VNP) received a C$41.00 price objective from investment analysts at Royal Bank Of Canada in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 17.14% from the company’s previous close.

Other equities analysts have also issued reports about the company. ATB Cormark Capital Markets increased their price objective 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. Desjardins lifted their target price on 5N Plus from C$43.00 to C$50.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. 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. Raymond James Financial increased their price target on 5N Plus from C$38.00 to C$45.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, National Bank Financial raised their price target on 5N Plus from C$41.00 to C$50.00 and gave the company an “outperform” rating in a report on Monday, June 15th. Two analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$46.69.

5N Plus Trading Down 1.2%

Shares of TSE:VNP opened at C$35.00 on Tuesday. The company has a market cap of C$3.15 billion, a PE ratio of 53.85, a P/E/G ratio of 6,283.33 and a beta of 0.99. The company’s 50-day moving average price is C$40.71 and its 200 day moving average price is C$32.92. 5N Plus has a fifty-two week low of C$11.16 and a fifty-two week high of C$49.97. The company has a quick ratio of 1.51, a current ratio of 2.69 and a debt-to-equity ratio of 68.96.

5N Plus (TSE:VNP) last posted its earnings results on Wednesday, May 6th. The company reported C$0.28 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 during the quarter. Sell-side analysts anticipate 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.