5N Plus (TSE:VNP) Stock Gets Price Target Bump from Ventum Capital

5N Plus (TSE:VNP) had its price objective increased by equities researchers at Ventum Capital from C$44.00 to C$45.00 in a report issued on Wednesday, BayStreet reports. The brokerage presently has a “buy” rating on the stock. Ventum Capital‘s price target suggests a potential upside of 39.62% from the company’s previous close.

VNP has been the topic of a number of other research reports. Ventum Financial set a C$44.00 price objective on shares of 5N Plus and gave the company a “buy” rating in a research note on Monday, July 27th. Scotia cut their target price on 5N Plus from C$48.00 to C$35.00 and set a “sector outperform” rating for the company in a research report on Wednesday, August 5th. Raymond James Financial raised 5N Plus from a “moderate buy” rating to a “strong-buy” rating and set a C$45.00 price target for the company in a research note on Wednesday, August 5th. National Bank Financial lowered their price target on 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. Finally, Desjardins dropped their price objective on 5N Plus from C$50.00 to C$45.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, 5N Plus currently has a consensus rating of “Buy” and a consensus target price of C$45.75.

5N Plus Price Performance

VNP traded down C$0.39 on Wednesday, reaching C$32.23. The company had a trading volume of 710,712 shares, compared to its average volume of 623,465. The company has a fifty day moving average of C$27.98 and a 200-day moving average of C$31.97. The company has a market capitalization of C$2.90 billion, a P/E ratio of 46.71, a PEG ratio of 6,283.33 and a beta of 0.59. The company has a current ratio of 2.28, a quick ratio of 1.51 and a debt-to-equity ratio of 45.47. 5N Plus has a one year low of C$17.20 and a one year high of C$49.97.

5N Plus (TSE:VNP) last released its quarterly earnings results on Monday, November 2nd. The company reported C$0.28 EPS for the quarter. The company had revenue of C$194.16 million for the quarter. 5N Plus had a net margin of 14.08% and a return on equity of 29.60%. As a group, equities research analysts anticipate that 5N Plus will post 0.37 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.