5N Plus (TSE:VNP) Price Target Raised to C$8.50 at Raymond James

5N Plus (TSE:VNP) had its price target boosted by Raymond James from C$7.50 to C$8.50 in a report released on Friday, BayStreet.CA reports.

Several other research firms have also recently weighed in on VNP. Desjardins raised their target price on shares of 5N Plus from C$6.75 to C$7.25 and gave the company a buy rating in a research note on Wednesday, August 7th. National Bankshares boosted their target price on 5N Plus from C$6.50 to C$8.00 and gave the company an outperform rating in a research report on Monday, August 26th. Finally, Cormark increased their price objective on shares of 5N Plus from C$5.50 to C$7.50 and gave the stock a buy rating in a research report on Friday, June 7th.

5N Plus Price Performance

TSE VNP opened at C$6.99 on Friday. The company has a debt-to-equity ratio of 110.23, a current ratio of 3.47 and a quick ratio of 1.51. 5N Plus has a 1-year low of C$2.99 and a 1-year high of C$7.03. The stock has a market capitalization of C$621.55 million, a price-to-earnings ratio of 43.69, a PEG ratio of 6,283.33 and a beta of 1.57. The business’s fifty day moving average price is C$6.17 and its 200-day moving average price is C$5.50.

5N Plus (TSE:VNP) last issued its quarterly earnings data on Monday, August 5th. The company reported C$0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.06 by C$0.02. The firm had revenue of C$102.04 million during the quarter, compared to the consensus estimate of C$91.45 million. 5N Plus had a net margin of 4.15% and a return on equity of 8.56%. On average, equities analysts predict that 5N Plus will post 0.3715996 earnings per share for the current year.

Insider Buying and Selling at 5N Plus

In other 5N Plus news, Director Luc Bertrand bought 5,000 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The stock was bought at an average cost of C$6.01 per share, for a total transaction of C$30,045.00. Company insiders own 4.91% of the company’s stock.

5N Plus Company Profile

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.