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

Ventum Financial set a C$44.00 target price on 5N Plus (TSE:VNP) in a research report sent to investors on Monday, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also issued reports on VNP. ATB Cormark Capital Markets increased their target price on shares of 5N Plus from C$45.00 to C$56.50 and gave the company a “top pick” rating in a research report on Monday, May 25th. Canaccord Genuity Group set a C$48.00 price target on shares of 5N Plus and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Scotiabank set a C$48.00 price target on shares of 5N Plus and gave the stock a “sector outperform” rating in a research note on Monday, June 22nd. National Bank Financial increased their price objective on shares of 5N Plus from C$41.00 to C$50.00 and gave the company an “outperform” rating in a report on Monday, June 15th. Finally, Desjardins raised their price objective on shares of 5N Plus from C$43.00 to C$50.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Two investment analysts have rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$47.81.

5N Plus Trading Down 4.7%

Shares of VNP stock opened at C$31.01 on Monday. 5N Plus has a 1 year low of C$12.19 and a 1 year high of C$49.97. The firm has a market capitalization of C$2.79 billion, a PE ratio of 47.71, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.99. The stock has a fifty day moving average of C$39.92 and a two-hundred day moving average of C$33.44. The company has a debt-to-equity ratio of 68.96, a quick ratio of 1.51 and a current ratio of 2.69.

5N Plus (TSE:VNP) last issued its quarterly earnings results on Wednesday, May 6th. The company reported C$0.28 EPS for the quarter. 5N Plus had a return on equity of 30.00% and a net margin of 13.95%.The company had revenue of C$163.91 million for the quarter. As a group, research analysts expect 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.