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

5N Plus (TSE:VNP) has been given a C$44.00 target price by research analysts at Ventum Financial in a report released on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Ventum Financial’s price objective would indicate a potential upside of 29.37% from the stock’s current price.

A number of other equities analysts have also recently commented on the company. Canaccord Genuity Group set a C$48.00 price target on 5N Plus and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Desjardins lifted their target price on shares of 5N Plus from C$43.00 to C$50.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Raymond James Financial upped their target price on shares of 5N Plus from C$38.00 to C$45.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. ATB Cormark Capital Markets boosted their target price on 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. Finally, Scotiabank set a C$48.00 price target on shares of 5N Plus and gave the company a “sector outperform” rating in a research report on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to MarketBeat.com, 5N Plus has an average rating of “Buy” and an average price target of C$47.81.

5N Plus Stock Performance

VNP stock traded up C$0.51 during midday trading on Monday, reaching C$34.01. 318,975 shares of the company’s stock traded hands, compared to its average volume of 542,359. The company has a 50-day moving average price of C$40.46 and a two-hundred day moving average price of C$33.15. 5N Plus has a 52 week low of C$11.78 and a 52 week high of C$49.97. The firm has a market capitalization of C$3.06 billion, a PE ratio of 52.32, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.99. 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 data on Wednesday, May 6th. The company reported C$0.28 EPS for the quarter. 5N Plus had a net margin of 13.95% and a return on equity of 30.00%. The company had revenue of C$163.91 million during the quarter. As a group, equities analysts anticipate 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.