5N Plus (TSE:VNP) Price Target Raised to C$30.00 at Desjardins

5N Plus (TSE:VNP) had its price target increased by Desjardins from C$24.50 to C$30.00 in a report published on Monday,BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the company. Canaccord Genuity Group set a C$26.00 target price on 5N Plus and gave the stock a “buy” rating in a report on Thursday, January 8th. National Bankshares lifted their price target on 5N Plus from C$17.00 to C$21.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Raymond James Financial upped their price target on 5N Plus from C$24.00 to C$26.00 in a research note on Wednesday, November 5th. Finally, Ventum Financial increased their price objective on 5N Plus from C$19.00 to C$21.50 in a report on Wednesday, October 29th. Two research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$24.90.

5N Plus Stock Up 5.9%

Shares of TSE VNP opened at C$25.51 on Monday. The firm has a fifty day simple moving average of C$19.33 and a two-hundred day simple moving average of C$17.47. 5N Plus has a 12 month low of C$4.90 and a 12 month high of C$26.40. The company has a current ratio of 3.49, a quick ratio of 1.51 and a debt-to-equity ratio of 104.29. The firm has a market capitalization of C$2.27 billion, a PE ratio of 52.06, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.89.

5N Plus (TSE:VNP) last announced its earnings results on Monday, November 3rd. The company reported C$0.20 earnings per share for the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%. The firm had revenue of C$146.06 million for the quarter. Equities analysts expect 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.