5N Plus (TSE:VNP – Get Free Report) had its price target lifted by stock analysts at Cormark from C$5.75 to C$6.50 in a research note issued to investors on Wednesday, BayStreet.CA reports. Cormark’s target price points to a potential upside of 27.20% from the company’s current price.
Several other equities analysts also recently issued reports on VNP. National Bankshares boosted their price objective on 5N Plus from C$0.60 to C$0.65 and gave the stock an “outperform” rating in a research report on Tuesday. Raymond James lifted their price objective on shares of 5N Plus from C$6.00 to C$7.00 in a research report on Wednesday.
Read Our Latest Stock Report on 5N Plus
5N Plus Trading Up 0.6 %
5N Plus (TSE:VNP – Get Free Report) last issued its earnings results on Tuesday, February 27th. The company reported C$0.04 EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.02). The firm had revenue of C$88.59 million during the quarter, compared to analyst estimates of C$84.15 million. 5N Plus had a return on equity of 12.76% and a net margin of 6.35%. Sell-side analysts forecast that 5N Plus will post 0.2835821 EPS for the current fiscal year.
Insider Buying and Selling at 5N Plus
In other 5N Plus news, Director Jean-Marie Bourassa bought 60,100 shares of the stock in a transaction on Friday, March 1st. The shares were purchased at an average cost of C$4.52 per share, with a total value of C$271,561.85. Insiders have bought 69,100 shares of company stock worth $312,032 over the last 90 days. 4.79% of the stock is currently owned by corporate insiders.
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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