5N Plus Inc. (TSE:VNP) Given Average Rating of “Strong Buy” by Brokerages

Shares of 5N Plus Inc. (TSE:VNP) have been assigned an average recommendation of “Strong Buy” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$22.88.

Several brokerages recently issued reports on VNP. National Bankshares raised their target price on shares of 5N Plus from C$17.00 to C$21.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Ventum Financial upped their price objective on 5N Plus from C$19.00 to C$21.50 in a research note on Wednesday, October 29th. Raymond James Financial raised their price objective on 5N Plus from C$24.00 to C$26.00 in a research report on Wednesday, November 5th. Cormark raised 5N Plus from a “moderate buy” rating to a “strong-buy” rating in a report on Thursday, September 25th. Finally, Desjardins lifted their price objective on shares of 5N Plus from C$17.50 to C$23.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th.

5N Plus Stock Performance

TSE VNP opened at C$19.85 on Wednesday. The company has a current ratio of 3.49, a quick ratio of 1.51 and a debt-to-equity ratio of 104.29. The firm’s fifty day moving average price is C$18.84 and its two-hundred day moving average price is C$14.28. 5N Plus has a 1 year low of C$4.90 and a 1 year high of C$22.50. The firm has a market capitalization of C$1.77 billion, a P/E ratio of 40.51, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.16.

5N Plus (TSE:VNP) last announced its quarterly earnings data on Monday, November 3rd. The company reported C$0.20 EPS for the quarter. The company had revenue of C$146.06 million during the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%. As a group, research analysts anticipate 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.