5N Plus Inc. (TSE:VNP) Receives C$34.58 Average Price Target from Analysts

5N Plus Inc. (TSE:VNP) has earned an average recommendation of “Buy” from the seven research firms that are covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$35.42.

Several research firms recently commented on VNP. Canaccord Genuity Group increased 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 report on Thursday, February 26th. Ventum Financial boosted their price target 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. Desjardins upped their price target on shares of 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. ATB Cormark Capital Markets reduced their price objective on 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating on the stock in a research note on Tuesday, February 3rd. Finally, Raymond James Financial lifted their price objective on 5N Plus from C$35.00 to C$38.00 and gave the stock an “outperform” rating in a report on Wednesday, April 1st.

5N Plus Stock Performance

TSE:VNP opened at C$33.41 on Friday. The company has a market capitalization of C$3.00 billion, a price-to-earnings ratio of 59.66, a PEG ratio of 6,283.33 and a beta of 0.85. The business has a 50 day moving average of C$30.94 and a 200 day moving average of C$23.73. The company has a debt-to-equity ratio of 84.42, a current ratio of 2.76 and a quick ratio of 1.51. 5N Plus has a 1-year low of C$6.12 and a 1-year high of C$36.40.

5N Plus (TSE:VNP) last issued its quarterly earnings results on Tuesday, February 24th. The company reported C$0.10 EPS for the quarter. The business had revenue of C$134.21 million for the quarter. 5N Plus had a net margin of 12.89% and a return on equity of 28.32%. On average, sell-side analysts predict that 5N Plus will post 0.3739703 earnings per share for the current fiscal year.

About 5N Plus

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.