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

Shares of 5N Plus Inc. (TSE:VNP) have received an average recommendation of “Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$8.60.

VNP has been the topic of a number of analyst reports. Ventum Cap Mkts upgraded shares of 5N Plus to a “strong-buy” rating in a research note on Wednesday, December 11th. 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. Finally, National Bankshares increased their target price on 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday, November 5th.

Insider Transactions at 5N Plus

In related news, Director Jean-Marie Bourassa purchased 9,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was bought at an average price of C$6.75 per share, for a total transaction of C$60,750.00. Insiders own 4.91% of the company’s stock.

5N Plus Stock Performance

VNP opened at C$7.67 on Tuesday. The company has a 50 day simple moving average of C$6.85 and a two-hundred day simple moving average of C$6.60. The company has a debt-to-equity ratio of 110.23, a current ratio of 3.47 and a quick ratio of 1.51. The firm has a market cap of C$682.02 million, a P/E ratio of 47.94, a PEG ratio of 6,283.33 and a beta of 1.55. 5N Plus has a 1-year low of C$3.33 and a 1-year high of C$8.08.

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.