5N Plus (TSE:VNP) PT Set at C$26.00 by Canaccord Genuity Group

5N Plus (TSE:VNP) has been assigned a C$26.00 price objective by equities researchers at Canaccord Genuity Group in a research note issued on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 29.42% from the company’s current price.

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

5N Plus Stock Performance

5N Plus stock opened at C$20.09 on Thursday. The business has a 50 day moving average of C$19.13 and a 200-day moving average of C$16.12. 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 1 year low of C$4.90 and a 1 year high of C$22.50. The company has a debt-to-equity ratio of 104.29, a current ratio of 3.49 and a quick ratio of 1.51.

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