5N Plus Inc. (TSE:VNP) Stock Has Average Price Target of C$45.28 According to Brokerages

5N Plus Inc. (TSE:VNP) has received an average rating of “Buy” from the ten analysts that are covering the firm, MarketBeat.com reports. Eight analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is C$45.75.

A number of brokerages have recently commented on VNP. Ventum Financial set a C$44.00 price target on 5N Plus and gave the company a “buy” rating in a research note on Monday, July 27th. Raymond James Financial raised 5N Plus from a “moderate buy” rating to a “strong-buy” rating and set a C$45.00 price objective for the company in a research note on Wednesday, August 5th. National Bank Financial dropped 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 report on Wednesday, August 5th. Desjardins lifted their target price on shares of 5N Plus from C$45.00 to C$46.00 and gave the stock a “buy” rating in a research report on Wednesday, November 4th. Finally, Ventum Capital boosted their target price on shares of 5N Plus from C$44.00 to C$45.00 and gave the stock a “buy” rating in a report on Wednesday, November 4th.

5N Plus Stock Performance

TSE VNP opened at C$35.72 on Wednesday. The firm’s fifty day moving average price is C$28.73 and its two-hundred day moving average price is C$32.32. The stock has a market cap of C$3.21 billion, a PE ratio of 56.70, a PEG ratio of 6,283.33 and a beta of 0.30. 5N Plus has a fifty-two week low of C$17.20 and a fifty-two week high of C$49.97. The company has a debt-to-equity ratio of 42.90, a quick ratio of 1.51 and a current ratio of 2.29.

5N Plus (TSE:VNP) last announced its quarterly earnings results on Monday, November 2nd. The company reported C$0.28 EPS for the quarter. 5N Plus had a return on equity of 25.26% and a net margin of 11.93%. The company had revenue of C$194.16 million during the quarter. On average, equities analysts expect that 5N Plus will post 0.37 EPS for the current fiscal year.

5N Plus Company Profile

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.