5N Plus (TSE:VNP) Given New C$37.50 Price Target at ATB Capital

5N Plus (TSE:VNP) had its price objective decreased by ATB Capital from C$42.00 to C$37.50 in a research report report published on Tuesday morning,BayStreet.CA reports. ATB Capital currently has a top pick rating on the stock.

Several other brokerages have also recently weighed in on VNP. Raymond James Financial boosted their price target on shares of 5N Plus from C$24.00 to C$26.00 in a research report on Wednesday, November 5th. National Bankshares boosted their target price on shares of 5N Plus from C$17.00 to C$21.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. Canaccord Genuity Group set a C$26.00 price target on shares of 5N Plus and gave the stock a “buy” rating in a report on Thursday, January 8th. Desjardins upped their price objective on 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a report on Monday. Finally, Ventum Financial raised their target price on 5N Plus from C$19.00 to C$21.50 in a research note on Wednesday, October 29th. Three analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$28.42.

5N Plus Price Performance

VNP stock opened at C$26.91 on Tuesday. 5N Plus has a 1 year low of C$4.90 and a 1 year high of C$27.70. The company has a debt-to-equity ratio of 104.29, a current ratio of 3.49 and a quick ratio of 1.51. The firm has a market capitalization of C$2.40 billion, a PE ratio of 54.92, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.19. The business has a 50 day simple moving average of C$19.48 and a 200-day simple moving average of C$17.58.

5N Plus (TSE:VNP) last announced 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%. Equities research analysts anticipate that 5N Plus will post 0.3739703 earnings per share for the current fiscal year.

More 5N Plus News

Here are the key news stories impacting 5N Plus this week:

• Positive Sentiment: Pentagon / U.S. support: Reports say the U.S. (Pentagon) is investing about $18M to secure germanium supply from 5N Plus — a direct strategic customer relationship that reduces supply risk for a critical material and can underpin revenue growth. Pentagon Invests $18M
• Positive Sentiment: Grant / solar capacity news: Coverage highlights a U.S. germanium grant and a planned boost to solar-related capacity that investors see as demand and revenue catalysts for the company’s germanium and space/solar product lines. Why 5N Plus Is Up
• Positive Sentiment: Space solar cell capacity increase: 5N Plus announced plans to further expand production capacity for space solar cells — an operational move that supports higher future revenue from aerospace customers. Capacity Increase
• Positive Sentiment: Analyst upgrades: Ventum Financial raised its target to C$30 and set a “buy” rating, and Desjardins raised its target to C$30 with a “buy” — both signal renewed analyst conviction and can attract investor demand. Analyst Raises
• Neutral Sentiment: Analyst / sector coverage piece: A recent feature frames 5N Plus as a “picks-and-shovels” supplier to the solar/germanium market — useful thematic context but not a direct corporate development. Seeking Alpha Article
• Negative Sentiment: Price-target revision (mixed signal): ATB Capital lowered its target from C$42.00 to C$37.50 even while keeping 5N Plus as a “top pick” — a sign analysts remain constructive but have tempered upside expectations versus earlier forecasts. ATB Target Lowered

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.