Brokerages Set 5N Plus Inc. (TSE:VNP) PT at C$22.88

5N Plus Inc. (TSE:VNP) has received an average recommendation of “Strong Buy” from the six ratings firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a buy rating and three have issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$22.88.

Several equities analysts have weighed in on the company. Raymond James Financial raised their price target on 5N Plus from C$24.00 to C$26.00 in a research report on Wednesday, November 5th. Desjardins lifted their price objective on 5N Plus from C$17.50 to C$23.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. National Bankshares boosted their target price on shares of 5N Plus from C$17.00 to C$21.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Cormark upgraded shares of 5N Plus from a “moderate buy” rating to a “strong-buy” rating in a report on Thursday, September 25th. Finally, Ventum Financial lifted their price target on shares of 5N Plus from C$19.00 to C$21.50 in a report on Wednesday, October 29th.

5N Plus Stock Down 1.7%

Shares of TSE VNP opened at C$19.32 on Wednesday. The firm’s 50-day moving average is C$19.04 and its two-hundred day moving average is C$14.43. The company has a market capitalization of C$1.72 billion, a PE ratio of 39.43, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.97. 5N Plus has a 12-month low of C$4.90 and a 12-month high of C$22.50. The company has a debt-to-equity ratio of 104.29, a current ratio of 3.49 and a quick ratio of 1.51.

5N Plus (TSE:VNP) last issued its quarterly earnings data on Monday, November 3rd. The company reported C$0.20 earnings per share for the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%. The business had revenue of C$146.06 million during the quarter. Equities analysts anticipate that 5N Plus will post 0.3739703 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.