5N Plus (TSE:VNP) Given New C$30.00 Price Target at Ventum Financial

5N Plus (TSE:VNP) had its target price lifted by research analysts at Ventum Financial from C$26.00 to C$30.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Ventum Financial’s price objective indicates a potential upside of 9.01% from the stock’s previous close.

A number of other brokerages have also commented on VNP. ATB Capital lowered their price objective on 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating on the stock in a report on Tuesday. Raymond James Financial upped their target price on 5N Plus from C$24.00 to C$26.00 in a research note on Wednesday, November 5th. Desjardins upped their price target on 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a research report on Monday. National Bankshares increased their price target on 5N Plus from C$17.00 to C$21.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. Finally, Canaccord Genuity Group set a C$26.00 price objective on 5N Plus and gave the company a “buy” rating in a research report on Thursday, January 8th. Three analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$28.42.

5N Plus Stock Performance

VNP stock traded up C$2.01 during trading on Tuesday, reaching C$27.52. 625,433 shares of the company’s stock were exchanged, compared to its average volume of 478,784. 5N Plus has a 1-year low of C$4.90 and a 1-year high of C$27.58. The firm has a market cap of C$2.45 billion, a PE ratio of 56.16, a P/E/G ratio of 6,283.33 and a beta of 0.89. The company’s fifty day moving average price is C$19.33 and its 200-day moving average price is C$17.47. The company has a quick ratio of 1.51, a current ratio of 3.49 and a debt-to-equity ratio of 104.29.

5N Plus (TSE:VNP) last posted its quarterly earnings data on Monday, November 3rd. The company reported C$0.20 EPS for the quarter. The company had revenue of C$146.06 million for the quarter. 5N Plus had a return on equity of 11.86% and a net margin of 5.63%. On average, research analysts expect that 5N Plus will post 0.3739703 EPS for the current fiscal year.

5N Plus Company Profile

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.