5N Plus (TSE:VNP) Price Target Raised to C$34.00

5N Plus (TSE:VNP) had its target price hoisted by Canaccord Genuity Group from C$31.00 to C$34.00 in a research note published on Thursday,BayStreet.CA reports. They currently have a buy rating on the stock.

VNP has been the subject of a number of other research reports. ATB Cormark Capital Markets dropped their price target on 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating for the company in a research report on Tuesday, February 3rd. Desjardins increased their price objective on shares of 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. National Bank Financial lifted their target price on shares of 5N Plus from C$30.00 to C$33.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Ventum Financial upped 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 report on Thursday. Finally, Raymond James Financial increased their price target on shares of 5N Plus from C$24.00 to C$26.00 in a research report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating and five have given 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 price target of C$34.08.

5N Plus Trading Down 2.6%

Shares of 5N Plus stock opened at C$29.66 on Thursday. The company has a 50-day moving average of C$22.75 and a two-hundred day moving average of C$19.42. 5N Plus has a 12-month low of C$4.90 and a 12-month high of C$31.35. The company has a current ratio of 3.49, a quick ratio of 1.51 and a debt-to-equity ratio of 104.29. The stock has a market cap of C$2.64 billion, a PE ratio of 60.53, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.19.

5N Plus (TSE:VNP) last announced its quarterly earnings results on Tuesday, February 24th. The company reported C$0.10 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$134.21 million for the quarter. On average, research analysts anticipate that 5N Plus will post 0.3739703 EPS for the current fiscal year.

Key Stories Impacting 5N Plus

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.

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.