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

5N Plus Inc. (TSE:VNPGet Free Report) has been given an average rating of “Buy” by the seven analysts that are currently covering the company, Marketbeat reports. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$43.58.

Several brokerages recently issued reports on VNP. ATB Cormark Capital Markets upped their price objective on shares of 5N Plus from C$45.00 to C$56.50 and gave the company a “top pick” rating in a research note on Monday, May 25th. Desjardins upped their price objective on shares of 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. National Bank Financial boosted their target price on shares of 5N Plus from C$38.00 to C$41.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Ventum Financial boosted their target price on shares of 5N Plus from C$30.00 to C$35.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Finally, Canaccord Genuity Group boosted 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.

Check Out Our Latest Report on 5N Plus

5N Plus Trading Down 5.6%

Shares of 5N Plus stock opened at C$40.85 on Friday. The firm has a 50-day simple moving average of C$37.13 and a two-hundred day simple moving average of C$28.06. The company has a market cap of C$3.67 billion, a P/E ratio of 62.85, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.92. 5N Plus has a fifty-two week low of C$8.53 and a fifty-two week high of C$49.97. 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 (TSE:VNPGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported C$0.28 EPS for the quarter. 5N Plus had a return on equity of 30.00% and a net margin of 13.95%.The firm had revenue of C$163.91 million during the quarter. As a group, equities analysts predict that 5N Plus will post 0.3739703 earnings per share for the current fiscal year.

About 5N Plus

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for 5N Plus (TSE:VNP)

Receive News & Ratings for 5N Plus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 5N Plus and related companies with MarketBeat.com's FREE daily email newsletter.