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

5N Plus Inc. (TSE:VNP) has been assigned a consensus recommendation of “Buy” from the ten brokerages that are covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$45.28.

Several research analysts have commented on VNP shares. National Bank Financial lowered their price objective on shares of 5N Plus from C$50.00 to C$45.00 and set an “outperform” rating for the company in a research report on Wednesday, August 5th. Raymond James Financial raised 5N Plus from a “moderate buy” rating to a “strong-buy” rating and set a C$45.00 target price on the stock in a report on Wednesday, August 5th. Scotiabank set a C$48.00 price target on 5N Plus and gave the company a “sector outperform” rating in a research note on Monday, June 22nd. Scotia lowered their price target on 5N Plus from C$48.00 to C$35.00 and set a “sector outperform” rating for the company in a report on Wednesday, August 5th. Finally, Ventum Financial set a C$44.00 price objective on 5N Plus and gave the stock a “buy” rating in a research report on Monday, July 27th.

5N Plus Stock Up 3.4%

TSE VNP opened at C$26.39 on Tuesday. The company has a current ratio of 2.28, a quick ratio of 1.51 and a debt-to-equity ratio of 45.47. 5N Plus has a 1-year low of C$15.17 and a 1-year high of C$49.97. The company has a 50 day moving average of C$29.44 and a 200-day moving average of C$34.20. The company has a market cap of C$2.37 billion, a price-to-earnings ratio of 38.25, a PEG ratio of 6,283.33 and a beta of 0.75.

5N Plus (TSE:VNP) last issued its quarterly earnings results on Monday, August 3rd. The company reported C$0.31 EPS for the quarter. 5N Plus had a return on equity of 29.60% and a net margin of 14.08%.The company had revenue of C$173.84 million for the quarter. On average, equities research analysts expect 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.