5N Plus (TSE:VNP) Price Target Raised to C$45.00

5N Plus (TSE:VNP) had its target price hoisted by Ventum Capital from C$44.00 to C$45.00 in a research report sent to investors on Wednesday morning,BayStreet reports. The firm currently has a buy rating on the stock.

Several other equities research analysts have also recently commented on VNP. Canaccord Genuity Group set a C$48.00 target price on 5N Plus and gave the company a “buy” rating in a research note on Tuesday, July 14th. National Bank Financial cut their price objective on shares of 5N Plus from C$50.00 to C$45.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Raymond James Financial upgraded shares of 5N Plus from a “moderate buy” rating to a “strong-buy” rating and set a C$45.00 target price for the company in a report on Wednesday, August 5th. Ventum Financial set a C$44.00 target price on shares of 5N Plus and gave the company a “buy” rating in a research report on Monday, July 27th. Finally, Royal Bank Of Canada set a C$41.00 price target on shares of 5N Plus and gave the company a “moderate buy” rating in a research note on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of C$45.75.

5N Plus Stock Up 9.4%

Shares of VNP traded up C$2.88 during midday trading on Wednesday, hitting C$33.53. The stock had a trading volume of 1,353,773 shares, compared to its average volume of 630,937. The firm has a market cap of C$3.02 billion, a price-to-earnings ratio of 53.22, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.30. The company has a 50 day simple moving average of C$28.33 and a two-hundred day simple moving average of C$32.15. 5N Plus has a twelve month low of C$17.20 and a twelve month high of C$49.97. The company has a debt-to-equity ratio of 42.90, a current ratio of 2.29 and a quick ratio of 1.51.

5N Plus (TSE:VNP) last posted its quarterly earnings data on Monday, November 2nd. The company reported C$0.28 earnings per share for the quarter. The company had revenue of C$194.16 million during the quarter. 5N Plus had a return on equity of 25.26% and a net margin of 11.93%. On average, analysts anticipate that 5N Plus will post 0.37 EPS 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.