5N Plus (TSE:VNP) Given New C$50.00 Price Target at National Bank Financial

5N Plus (TSE:VNP) had its price objective upped by investment analysts at National Bank Financial from C$41.00 to C$50.00 in a research note issued on Monday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective suggests a potential upside of 23.18% from the stock’s previous close.

VNP has been the topic of a number of other research reports. Raymond James Financial upped their target price on 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. Canaccord Genuity Group boosted their price target on 5N Plus from C$31.00 to C$34.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Desjardins boosted their price target on 5N Plus from C$43.00 to C$50.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. ATB Cormark Capital Markets boosted their price target on 5N Plus from C$45.00 to C$56.50 and gave the company a “top pick” rating in a report on Monday, May 25th. Finally, Ventum Financial boosted their price target on 5N Plus from C$30.00 to C$35.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Two equities research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$45.08.

5N Plus Trading Up 3.4%

Shares of VNP traded up C$1.34 during mid-day trading on Monday, reaching C$40.59. 322,506 shares of the company’s stock traded hands, compared to its average volume of 523,078. The stock has a market cap of C$3.65 billion, a P/E ratio of 62.45, a P/E/G ratio of 6,283.33 and a beta of 0.92. The stock’s 50-day moving average is C$37.87 and its two-hundred day moving average is C$28.83. 5N Plus has a 12 month low of C$8.53 and a 12 month high of C$49.97. The company has a debt-to-equity ratio of 68.96, a current ratio of 2.69 and a quick ratio of 1.51.

5N Plus (TSE:VNP) last released its earnings results on Wednesday, May 6th. The company reported C$0.28 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 forecast 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.