Canaccord Genuity Group Reiterates C$26.00 Price Target for 5N Plus (TSE:VNP)

Canaccord Genuity Group set a C$26.00 price target on 5N Plus (TSE:VNP) in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm currently has a buy rating on the stock.

Several other brokerages also recently commented on VNP. Ventum Financial boosted their target price on 5N Plus from C$19.00 to C$21.50 in a research note on Wednesday, October 29th. Desjardins boosted their target price on shares of 5N Plus from C$17.50 to C$23.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. National Bankshares upped their price target on shares of 5N Plus from C$17.00 to C$21.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Raymond James Financial increased their price target on 5N Plus from C$24.00 to C$26.00 in a research note on Wednesday, November 5th. Finally, Cormark upgraded shares of 5N Plus from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, September 25th. Two investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to data from MarketBeat, 5N Plus has a consensus rating of “Buy” and an average target price of C$23.50.

5N Plus Stock Up 3.1%

VNP opened at C$20.09 on Thursday. The stock has a fifty day moving average of C$19.13 and a 200-day moving average of C$16.17. The company has a market capitalization of C$1.79 billion, a P/E ratio of 41.00, a P/E/G ratio of 6,283.33 and a beta of 0.89. 5N Plus has a fifty-two week low of C$4.90 and a fifty-two week high of C$22.50. The company has a debt-to-equity ratio of 104.29, a quick ratio of 1.51 and a current ratio of 3.49.

5N Plus (TSE:VNP) last posted its quarterly earnings data on Monday, November 3rd. The company reported C$0.20 EPS for the quarter. The firm had revenue of C$146.06 million for the quarter. 5N Plus had a return on equity of 11.86% and a net margin of 5.63%. On average, equities analysts expect that 5N Plus will post 0.3739703 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.