5N Plus (TSE:VNP) Given a C$44.00 Price Target by Ventum Financial Analysts

Ventum Financial set a C$44.00 price objective on 5N Plus (TSE:VNP) in a research report sent to investors on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Other equities research analysts have also issued research reports about the stock. Raymond James Financial boosted their price target on shares of 5N Plus from C$38.00 to C$45.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Desjardins raised their price objective on shares of 5N Plus from C$43.00 to C$50.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. ATB Cormark Capital Markets lifted their price objective on shares of 5N Plus from C$45.00 to C$56.50 and gave the stock a “top pick” rating in a research report on Monday, May 25th. National Bank Financial boosted their target price on shares of 5N Plus from C$41.00 to C$50.00 and gave the company an “outperform” rating in a research note on Monday, June 15th. Finally, Canaccord Genuity Group set a C$48.00 target price on 5N Plus and gave the company a “buy” rating in a report on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$47.81.

5N Plus Trading Up 3.0%

Shares of TSE VNP opened at C$34.52 on Monday. The company has a quick ratio of 1.51, a current ratio of 2.69 and a debt-to-equity ratio of 68.96. 5N Plus has a 12 month low of C$11.78 and a 12 month high of C$49.97. The company has a market cap of C$3.10 billion, a price-to-earnings ratio of 53.11, a P/E/G ratio of 6,283.33 and a beta of 0.99. The business has a fifty day simple moving average of C$40.35 and a 200-day simple moving average of C$33.26.

5N Plus (TSE:VNP) last issued its quarterly earnings results on Wednesday, May 6th. The company reported C$0.28 earnings per share for the quarter. The firm had revenue of C$163.91 million for the quarter. 5N Plus had a return on equity of 30.00% and a net margin of 13.95%. Sell-side analysts predict that 5N Plus will post 0.3739703 EPS for the current year.

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. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.