5N Plus (TSE:VNP) Price Target Raised to C$38.00

5N Plus (TSE:VNP) had its price target upped by Raymond James Financial from C$35.00 to C$38.00 in a report published on Wednesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

VNP has been the subject of a number of other reports. National Bank Financial upped their price objective on 5N Plus from C$30.00 to C$33.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Canaccord Genuity Group boosted their price target on 5N Plus from C$31.00 to C$34.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. ATB Cormark Capital Markets lowered their price target on 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating on the stock in a research report on Tuesday, February 3rd. Ventum Financial increased their price objective on 5N Plus from C$30.00 to C$35.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Finally, Desjardins lifted their price objective on 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Two investment analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$34.58.

5N Plus Stock Performance

Shares of TSE:VNP opened at C$31.77 on Wednesday. The stock’s 50-day moving average is C$28.56 and its 200-day moving average is C$22.08. 5N Plus has a 52-week low of C$5.12 and a 52-week high of C$35.29. The company has a market cap of C$2.83 billion, a P/E ratio of 56.73, a P/E/G ratio of 6,283.33 and a beta of 0.87. The company has a debt-to-equity ratio of 84.42, a quick ratio of 1.51 and a current ratio of 2.76.

5N Plus (TSE:VNP) last announced its quarterly earnings data on Tuesday, February 24th. The company reported C$0.10 EPS for the quarter. 5N Plus had a net margin of 12.89% and a return on equity of 28.32%. The business had revenue of C$134.21 million during the quarter. Equities research analysts predict that 5N Plus will post 0.3739703 earnings per share for the current 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.