5N Plus (TSE:VNP – Free Report) had its target price upped by Ventum Financial from C$26.00 to C$30.00 in a research note published on Tuesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
Several other analysts have also recently commented on VNP. ATB Capital reduced their target price on shares of 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating for the company in a research note on Tuesday. Canaccord Genuity Group set a C$26.00 price objective on shares of 5N Plus and gave the company a “buy” rating in a research report on Thursday, January 8th. Desjardins boosted their target price on 5N Plus from C$24.50 to C$30.00 and gave the stock a “buy” rating in a research report on Monday. Raymond James Financial raised their price target on 5N Plus from C$24.00 to C$26.00 in a report on Wednesday, November 5th. Finally, National Bankshares upped their price objective on 5N Plus from C$17.00 to C$21.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Three analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to data from MarketBeat, 5N Plus has an average rating of “Buy” and an average target price of C$28.42.
View Our Latest Research Report on VNP
5N Plus Trading Up 5.5%
5N Plus (TSE:VNP – Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The company reported C$0.20 EPS for the quarter. 5N Plus had a return on equity of 11.86% and a net margin of 5.63%.The business had revenue of C$146.06 million during the quarter. Equities analysts forecast that 5N Plus will post 0.3739703 EPS for the current year.
Key 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.
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