Analysts Set 5N Plus Inc. (TSE:VNP) Price Target at C$8.60

Shares of 5N Plus Inc. (TSE:VNP) have been assigned a consensus recommendation of “Buy” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$8.60.

Several equities research analysts recently commented on VNP shares. Ventum Cap Mkts raised 5N Plus to a “strong-buy” rating in a research report on Wednesday, December 11th. National Bankshares raised their target price on 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday, November 5th. Finally, Ventum Financial set a C$10.00 price objective on 5N Plus and gave the stock a “buy” rating in a research note on Thursday, December 12th.

Insider Activity at 5N Plus

In other news, Director Jean-Marie Bourassa acquired 9,000 shares of 5N Plus stock in a transaction on Friday, November 15th. The shares were acquired at an average price of C$6.75 per share, with a total value of C$60,750.00. 4.91% of the stock is owned by corporate insiders.

5N Plus Price Performance

VNP opened at C$7.69 on Friday. The stock has a fifty day simple moving average of C$7.28 and a two-hundred day simple moving average of C$6.84. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23. The company has a market cap of C$683.79 million, a price-to-earnings ratio of 48.06, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55. 5N Plus has a 12-month low of C$3.90 and a 12-month high of C$8.99.

5N Plus (TSE:VNP) last released its earnings results on Monday, November 4th. The company reported C$0.12 EPS for the quarter, topping analysts’ consensus estimates of C$0.08 by C$0.04. 5N Plus had a return on equity of 8.56% and a net margin of 4.15%. During the same period in the previous year, the company earned $0.03 EPS. Research analysts predict that 5N Plus will post 0.3739703 earnings per share for the current fiscal year.

About 5N Plus

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.