National Bank Financial Cuts 5N Plus (TSE:VNP) Price Target to C$45.00

5N Plus (TSE:VNP) had its price objective decreased by National Bank Financial from C$50.00 to C$45.00 in a report published on Wednesday morning,BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.

Several other brokerages have also commented on VNP. Scotia decreased their price target on 5N Plus from C$48.00 to C$35.00 and set a “sector outperform” rating on the stock in a research note on Wednesday. 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. Desjardins reduced their price objective on shares of 5N Plus from C$50.00 to C$45.00 and set a “buy” rating on the stock in a report on Wednesday. ATB Cormark Capital Markets upped their target price on shares of 5N Plus from C$45.00 to C$56.50 and gave the company a “top pick” rating in a research report on Monday, May 25th. Finally, Raymond James Financial raised shares of 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 research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$45.28.

5N Plus Trading Up 2.8%

VNP opened at C$30.46 on Wednesday. 5N Plus has a one year low of C$14.18 and a one year high of C$49.97. The stock has a market capitalization of C$2.74 billion, a PE ratio of 46.86, a P/E/G ratio of 6,283.33 and a beta of 0.95. The business’s 50 day moving average price is C$37.97 and its 200 day moving average price is C$33.87. The company has a debt-to-equity ratio of 45.47, a quick ratio of 1.51 and a current ratio of 2.28.

5N Plus (TSE:VNP) last issued its quarterly earnings data on Monday, August 3rd. The company reported C$0.31 earnings per share for the quarter. The company had revenue of C$173.84 million during the quarter. 5N Plus had a return on equity of 29.60% and a net margin of 14.08%. As a group, equities research analysts expect that 5N Plus will post 0.3739703 EPS for the current 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.