5N Plus (TSE:VNP) Price Target Raised to C$31.00 at Canaccord Genuity Group

5N Plus (TSE:VNP) had its price target lifted by Canaccord Genuity Group from C$26.00 to C$31.00 in a research note released on Wednesday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also recently issued reports on VNP. ATB Capital decreased their price target on shares of 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating for the company in a report on Tuesday. Desjardins increased their target price on 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a research note on Monday. Ventum Financial lifted their price target on 5N Plus from C$26.00 to C$30.00 and gave the stock a “buy” rating in a research report on Tuesday. Raymond James Financial increased their price objective on 5N Plus from C$24.00 to C$26.00 in a research report on Wednesday, November 5th. Finally, National Bankshares raised their price objective on shares of 5N Plus from C$30.00 to C$33.00 and gave the stock an “outperform” rating in a research note on Wednesday. Three analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$31.25.

5N Plus Stock Up 2.9%

Shares of VNP stock opened at C$27.68 on Wednesday. The company has a market capitalization of C$2.47 billion, a price-to-earnings ratio of 56.49, a PEG ratio of 6,283.33 and a beta of 1.19. The company has a debt-to-equity ratio of 104.29, a quick ratio of 1.51 and a current ratio of 3.49. The stock’s 50 day simple moving average is C$19.63 and its 200 day simple moving average is C$17.65. 5N Plus has a twelve month low of C$4.90 and a twelve month high of C$28.10.

5N Plus (TSE:VNP) last released its quarterly earnings results on Monday, November 3rd. The company reported C$0.20 EPS for the quarter. The company had revenue of C$146.06 million for the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%. As a group, research analysts predict that 5N Plus will post 0.3739703 EPS for the current year.

Key Stories Impacting 5N Plus

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

• Positive Sentiment: Pentagon / U.S. grant — a reported US$18M U.S. investment to secure germanium supply and support strategic production expands 5N Plus’s addressable market and supply‑chain importance. Read More.
• Positive Sentiment: Space/solar capacity expansion — company plans to further increase space solar cell production capacity, supporting revenue upside in high-margin segments. Read More.
• Positive Sentiment: National Bankshares raised its price target to C$33 and moved to “outperform,” signaling stronger institutional conviction. Read More.
• Positive Sentiment: Canaccord Genuity raised its target to C$31 and kept a “buy” rating, adding incremental analyst support. Read More.
• Positive Sentiment: Desjardins and Ventum also raised targets (Desjardins to C$30; Ventum to C$30), reinforcing the upgrade momentum. Read More. / Read More.
• Positive Sentiment: Market reaction: coverage noting a new 1‑year high after upgrades — confirms momentum and may attract momentum traders. Read More.
• Neutral Sentiment: Valuation/coverage pieces (Seeking Alpha, Yahoo Finance) are assessing how the U.S. grant and capacity expansion affect valuation — useful for investors but not an immediate catalyst. Read More. / Read More.
• Negative Sentiment: ATB Capital cut its price target from C$42 to C$37.50 (still a “top pick”) — a lower target may temper some upside expectations among investors who followed the prior, higher benchmark. Read More.

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.