5N Plus (TSE:VNP) Given a C$41.00 Price Target by Royal Bank Of Canada Analysts

by · The Markets Daily

5N Plus (TSE:VNP – Get Free Report) has been assigned a C$41.00 target price by equities research analysts at Royal Bank Of Canada in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 16.18% from the stock’s current price.

A number of other brokerages have also commented on VNP. Desjardins lifted their price target on 5N Plus from C$43.00 to C$50.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. ATB Cormark Capital Markets upped their price objective on 5N Plus from C$45.00 to C$56.50 and gave the company a “top pick” rating in a research note on Monday, May 25th. Canaccord Genuity Group set a C$48.00 price objective on shares of 5N Plus and gave the company a “buy” rating in a report on Tuesday, July 14th. National Bank Financial lifted their target price on shares of 5N Plus from C$41.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. Finally, Raymond James Financial boosted their target price on shares of 5N Plus from C$38.00 to C$45.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$46.69.

View Our Latest Stock Report on VNP

5N Plus Price Performance

Shares of VNP traded up C$2.26 during trading hours on Tuesday, reaching C$35.29. The stock had a trading volume of 237,548 shares, compared to its average volume of 545,023. The company has a debt-to-equity ratio of 68.96, a quick ratio of 1.51 and a current ratio of 2.69. 5N Plus has a 12 month low of C$11.16 and a 12 month high of C$49.97. The stock has a market capitalization of C$3.17 billion, a PE ratio of 54.29, a PEG ratio of 6,283.33 and a beta of 0.99. The company’s 50-day moving average is C$40.89 and its two-hundred day moving average is C$32.68.

5N Plus (TSE:VNP – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$0.28 earnings per share for the quarter. 5N Plus had a return on equity of 30.00% and a net margin of 13.95%.The business had revenue of C$163.91 million for the quarter. Research analysts expect that 5N Plus will post 0.3739703 EPS for the current year.

5N Plus Company Profile

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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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