5N Plus (TSE:VNP – Free Report) had its price objective boosted by Desjardins from C$6.75 to C$7.25 in a research note released on Wednesday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock. Desjardins also issued estimates for 5N Plus’ Q3 2024 earnings at $0.08 EPS, FY2024 earnings at $0.28 EPS, FY2025 earnings at $0.40 EPS and FY2026 earnings at $0.49 EPS.
VNP has been the subject of several other reports. National Bankshares lifted their price target on shares of 5N Plus from C$0.60 to C$0.65 and gave the company an outperform rating in a report on Tuesday, May 7th. Raymond James downgraded 5N Plus from a strong-buy rating to an outperform rating and lifted their target price for the company from C$7.00 to C$7.50 in a research note on Friday, July 5th. Finally, Cormark increased their price target on 5N Plus from C$5.50 to C$7.50 and gave the stock a buy rating in a research report on Friday, June 7th.
Check Out Our Latest Stock Report on VNP
5N Plus Stock Performance
Insider Buying and Selling
In other 5N Plus news, Director Jean-Marie Bourassa purchased 5,800 shares of the business’s stock in a transaction dated Wednesday, May 15th. The shares were bought at an average price of C$5.18 per share, with a total value of C$30,044.00. In other 5N Plus news, Director Jean-Marie Bourassa purchased 5,800 shares of 5N Plus stock in a transaction on Wednesday, May 15th. The stock was bought at an average price of C$5.18 per share, for a total transaction of C$30,044.00. Also, Director Luc Bertrand purchased 5,000 shares of the stock in a transaction dated Friday, June 14th. The shares were acquired at an average cost of C$6.01 per share, for a total transaction of C$30,045.00. Corporate insiders own 4.82% of the company’s stock.
About 5N Plus
5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.
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