Ventum Financial Analysts Give 5N Plus (TSE:VNP) a C$10.00 Price Target

Ventum Financial set a C$10.00 target price on 5N Plus (TSE:VNP) in a report published on Thursday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Several other research analysts have also weighed in on VNP. Raymond James upped their price target on 5N Plus from C$7.50 to C$8.50 in a research report on Friday, September 6th. National Bankshares upped their target price on 5N Plus from C$8.00 to C$8.50 in a report on Tuesday, November 5th. Finally, Desjardins raised their price target on shares of 5N Plus from C$7.25 to C$8.50 and gave the stock a “buy” rating in a report on Tuesday, September 10th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$8.60.

5N Plus Price Performance

Shares of TSE:VNP opened at C$6.42 on Thursday. The company’s fifty day moving average is C$6.71 and its two-hundred day moving average is C$6.41. The company has a market cap of C$570.87 million, a P/E ratio of 40.13, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55. 5N Plus has a 12-month low of C$3.33 and a 12-month high of C$7.61. The company has a quick ratio of 1.51, a current ratio of 3.47 and a debt-to-equity ratio of 110.23.

Insiders Place Their Bets

In other 5N Plus news, Director Jean-Marie Bourassa purchased 9,000 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were bought at an average price of C$6.75 per share, for a total transaction of C$60,750.00. Insiders own 4.91% of the company’s stock.

About 5N Plus

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.