5N Plus (TSE:VNP – Free Report) had its price objective decreased by ATB Capital from C$42.00 to C$37.50 in a research report sent to investors on Tuesday morning,BayStreet.CA reports. ATB Capital currently has a top pick rating on the stock.
A number of other research analysts have also recently commented on VNP. Raymond James Financial upped their price objective on 5N Plus from C$24.00 to C$26.00 in a report on Wednesday, November 5th. National Bankshares lifted their target price on 5N Plus from C$17.00 to C$21.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Desjardins increased their price target on 5N Plus from C$24.50 to C$30.00 and gave the stock a “buy” rating in a report on Monday. Ventum Financial raised their price objective on 5N Plus from C$19.00 to C$21.50 in a research report on Wednesday, October 29th. Finally, Canaccord Genuity Group set a C$26.00 target price on shares of 5N Plus and gave the company a “buy” rating in a research report on Thursday, January 8th. Three research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$31.25.
View Our Latest Stock Report on VNP
5N Plus Trading Down 7.4%
5N Plus (TSE:VNP – Get Free Report) last posted its earnings results on Monday, November 3rd. The company reported C$0.20 earnings per share for the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%. The company had revenue of C$146.06 million for the quarter. Sell-side analysts forecast 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: Several brokerages raised targets or ratings, supporting upside expectations — Ventum Financial boosted its target to C$30.00. Ventum Boosts Target
- Positive Sentiment: National Bankshares raised its price target to C$33.00 and moved to an “outperform,” signaling roughly ~19% upside from recent reference levels. National Bankshares Raises Target
- Positive Sentiment: Canaccord Genuity lifted its target to C$31.00 and kept a “buy” rating, another vote of confidence from the sell side. Canaccord Raises Target
- Positive Sentiment: Desjardins raised its price target to C$30.00, adding to the cluster of upward revisions. Desjardins Raises Target
- Positive Sentiment: Coverage notes that 5N Plus reached a new one‑year high following analyst upgrades, reflecting momentum from the fresh ratings. Reached New 1-Year High
- Positive Sentiment: Analysts and coverage point to company catalysts — a U.S. grant and planned solar capacity expansion — that improve growth visibility and helped re‑rate valuation. Valuation After Grant & Expansion
- Neutral Sentiment: Broader market commentary (TSX strength) mentions 5N Plus among names benefiting from the rally but is focused on market‑wide allocation rather than company specifics. TSX Market Commentary
- Neutral Sentiment: Roundups of analyst moves (e.g., Globe and Mail’s update) consolidate the above changes for investors tracking consensus shifts. Analyst Updates Roundup
- Negative Sentiment: ATB Capital cut its expectations for VNP, a negative revision that may weigh on sentiment and offset some upgrade momentum. ATB Lowers Expectations
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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