5N Plus (TSE:VNP – Free Report) had its price objective lifted by Raymond James from C$7.50 to C$8.50 in a report issued on Friday, BayStreet.CA reports.
Other research analysts have also issued research reports about the stock. National Bankshares upped their price objective on shares of 5N Plus from C$6.50 to C$8.00 and gave the company an outperform rating in a research note on Monday, August 26th. Cormark boosted their target price on 5N Plus from C$5.50 to C$7.50 and gave the company a buy rating in a research note on Friday, June 7th. Finally, Desjardins raised their price target on 5N Plus from C$6.75 to C$7.25 and gave the stock a buy rating in a research note on Wednesday, August 7th.
Check Out Our Latest Stock Report on 5N Plus
5N Plus Price Performance
5N Plus (TSE:VNP – Get Free Report) last announced its quarterly earnings data on Monday, August 5th. The company reported C$0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.06 by C$0.02. 5N Plus had a return on equity of 8.56% and a net margin of 4.15%. The firm had revenue of C$102.04 million during the quarter, compared to the consensus estimate of C$91.45 million. Equities analysts forecast that 5N Plus will post 0.274083 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, Director Luc Bertrand acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The stock was acquired at an average cost of C$6.01 per share, with a total value of C$30,045.00. In other 5N Plus news, Senior Officer Richard Perron sold 4,200 shares of the firm’s stock in a transaction on Tuesday, June 11th. The shares were sold at an average price of C$6.08, for a total value of C$25,536.00. Also, Director Luc Bertrand bought 5,000 shares of 5N Plus stock in a transaction that occurred on Friday, June 14th. The stock was bought at an average price of C$6.01 per share, with a total value of C$30,045.00. Insiders own 4.91% of the company’s stock.
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.
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