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

5N Plus Inc. (TSE:VNPGet Free Report) has been assigned an average recommendation of “Buy” from the nine ratings firms that are currently covering the company, MarketBeat reports. Seven research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$46.69.

Several equities research analysts have recently weighed in on the company. Desjardins increased their price objective on 5N Plus from C$43.00 to C$50.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. National Bank Financial boosted their target price on shares of 5N Plus from C$41.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. Royal Bank Of Canada set a C$41.00 target price on shares of 5N Plus and gave the company a “moderate buy” rating in a research note on Tuesday, July 21st. Raymond James Financial upped 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. Finally, Canaccord Genuity Group set a C$48.00 price target on shares of 5N Plus and gave the company a “buy” rating in a report on Tuesday, July 14th.

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5N Plus Price Performance

Shares of TSE:VNP opened at C$33.50 on Monday. The business has a 50 day moving average price of C$40.46 and a 200 day moving average price of C$33.15. 5N Plus has a twelve month low of C$11.60 and a twelve month high of C$49.97. The company has a market cap of C$3.01 billion, a price-to-earnings ratio of 51.54, a PEG ratio of 6,283.33 and a beta of 0.99. 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:VNPGet Free Report) last released its earnings results on Wednesday, May 6th. The company reported C$0.28 earnings per share (EPS) for the quarter. The firm had revenue of C$163.91 million for the quarter. 5N Plus had a return on equity of 30.00% and a net margin of 13.95%. Research analysts predict that 5N Plus will post 0.3739703 earnings per share for the current year.

About 5N Plus

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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.

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Analyst Recommendations for 5N Plus (TSE:VNP)

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