5N Plus (TSE:VNP) Price Target Raised to C$35.00

5N Plus (TSE:VNP) had its price target boosted by Raymond James Financial from C$29.00 to C$35.00 in a research report sent to investors on Thursday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other analysts also recently issued reports on the company. Desjardins upped their price target on 5N Plus from C$24.50 to C$30.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Canaccord Genuity Group increased their price target on 5N Plus from C$31.00 to C$34.00 and gave the company a “buy” rating in a report on Thursday. Ventum Financial lifted their price target on shares of 5N Plus from C$30.00 to C$35.00 and gave the company a “buy” rating in a research report on Thursday. National Bank Financial upped 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 report on Wednesday, February 4th. Finally, ATB Cormark Capital Markets lowered their target price on shares of 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating on the stock in a research note on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, 5N Plus presently has a consensus rating of “Buy” and a consensus target price of C$34.08.

5N Plus Stock Down 2.6%

5N Plus stock opened at C$29.66 on Thursday. The company has a current ratio of 3.49, a quick ratio of 1.51 and a debt-to-equity ratio of 104.29. 5N Plus has a 1-year low of C$4.90 and a 1-year high of C$31.35. The firm’s fifty day simple moving average is C$22.75 and its 200-day simple moving average is C$19.42. The company has a market capitalization of C$2.64 billion, a P/E ratio of 60.53, a P/E/G ratio of 6,283.33 and a beta of 1.19.

5N Plus (TSE:VNP) last issued its quarterly earnings data on Tuesday, February 24th. The company reported C$0.10 earnings per share (EPS) for the quarter. The firm had revenue of C$134.21 million during the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%. Sell-side analysts forecast 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: Raymond James raised its price target on 5N Plus to C$35.00 (from C$29.00) and assigned an “outperform” rating, implying roughly a 15% upside vs the cited reference price. Article Title
• Positive Sentiment: Ventum Financial increased its target to C$35.00 (from C$30.00) and kept a “buy” rating — another analyst note implying ~15% upside. Article Title
• Positive Sentiment: Canaccord Genuity raised its target to C$34.00 (from C$31.00) and reaffirmed a “buy” rating, suggesting ~11.7% upside. Article Title
• Neutral Sentiment: Multiple outlets (BayStreet.ca, TickerReport) have carried these analyst updates, confirming wider coverage of the upgrades; the notes focus on upside from current levels rather than material changes to fundamentals. BayStreet Coverage TickerReport
• Neutral Sentiment: Context that may explain muted/negative intraday reaction: VNP carries a high trailing P/E (~60.5) and elevated debt-to-equity (~104%), and it recently reached a 12‑month high — factors that can prompt profit‑taking or cautious positioning despite upgrades.

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.