5N Plus Inc. (TSE:VNP) Given Consensus Rating of "Buy" by Brokerages

Key Points

• Analysts maintain a bullish view: Ten brokerages give 5N Plus an average “Buy” rating, including seven buys and three strong buys. The average 12-month price target is C$45.28.
• The stock recently declined 6.1%: Shares opened at C$25.16, well below their 50-day moving average of C$30.68 and 200-day average of C$34.36, and have traded between C$14.60 and C$49.97 over the past year.
• 5N Plus reported quarterly EPS of C$0.31 on revenue of C$173.84 million, with a 29.6% return on equity and a 14.08% net margin. The company produces specialty semiconductors and performance materials for markets including renewable energy, space, healthcare and security.

Shares of 5N Plus Inc. (TSE:VNP - Get Free Report) have earned an average rating of "Buy" from the ten brokerages that are presently covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a buy recommendation and three have given a strong buy recommendation 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 analysts recently issued reports on the company. 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 upgraded 5N Plus from a "moderate buy" rating to a "strong-buy" rating and set a C$45.00 price objective on the stock in a research report on Wednesday, August 5th. National Bank Financial dropped their target price on 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. Royal Bank Of Canada set a C$41.00 target price on shares of 5N Plus and gave the company a "moderate buy" rating in a research report on Tuesday, July 21st. Finally, Scotiabank set a C$48.00 price target on shares of 5N Plus and gave the company a "sector outperform" rating in a research note on Monday, June 22nd.

5N Plus Trading Down 6.1%

Shares of VNP stock opened at C$25.16 on Tuesday. The firm has a 50 day moving average price of C$30.68 and a two-hundred day moving average price of C$34.36. The company has a quick ratio of 1.51, a current ratio of 2.28 and a debt-to-equity ratio of 45.47. The company has a market capitalization of C$2.26 billion, a PE ratio of 36.46, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.75. 5N Plus has a 12-month low of C$14.60 and a 12-month high of C$49.97.

5N Plus (TSE:VNP - Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported C$0.31 EPS for the quarter. The company had revenue of C$173.84 million for the quarter. 5N Plus had a return on equity of 29.60% and a net margin of 14.08%. As a group, analysts predict that 5N Plus will post 0.3739703 earnings per share 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.

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