Ventum Financial Raises 5N Plus (TSE:VNP) Price Target to C$21.50

5N Plus (TSE:VNP) had its price target raised by analysts at Ventum Financial from C$19.00 to C$21.50 in a research note issued to investors on Wednesday,BayStreet.CA reports. Ventum Financial’s target price would suggest a potential upside of 11.34% from the company’s current price.

Several other analysts have also issued reports on VNP. Cormark upgraded shares of 5N Plus from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, September 25th. National Bankshares boosted their target price on shares of 5N Plus from C$17.00 to C$21.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Desjardins boosted their target price on shares of 5N Plus from C$11.00 to C$14.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Finally, Raymond James Financial upped their price target on shares of 5N Plus from C$19.00 to C$24.00 in a research note on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Strong Buy” and an average target price of C$22.38.

5N Plus Stock Performance

Shares of VNP stock opened at C$19.31 on Wednesday. The company has a 50 day moving average price of C$16.68 and a 200-day moving average price of C$12.07. 5N Plus has a 52 week low of C$4.90 and a 52 week high of C$20.58. The firm has a market capitalization of C$1.72 billion, a PE ratio of 53.64, a P/E/G ratio of 6,283.33 and a beta of 1.46. The company has a quick ratio of 1.51, a current ratio of 3.49 and a debt-to-equity ratio of 104.29.

About 5N Plus

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.