Intertape Polymer Group (ITP) PT Raised to C$27.00
Intertape Polymer Group (TSE:ITP) had its target price lifted by research analysts at TD Securities from C$26.00 to C$27.00 in a note issued to investors on Monday. The brokerage presently has a “buy” rating on the stock. TD Securities’ price objective suggests a potential upside of 11.11% from the company’s current price.
Several other research firms also recently weighed in on ITP. Scotiabank reissued a “focus stock” rating and issued a C$26.00 price objective on shares of Intertape Polymer Group in a report on Wednesday, November 2nd. RBC Capital Markets increased their price objective on Intertape Polymer Group from C$24.00 to C$27.00 and gave the company an “outperform” rating in a report on Tuesday, September 6th. Finally, Royal Bank Of Canada increased their price target on Intertape Polymer Group from C$24.00 to C$27.00 and gave the stock an “outperform” rating in a report on Tuesday, September 6th.
Shares of Intertape Polymer Group (TSE:ITP) opened at 24.30 on Monday. The firm’s 50-day moving average is $22.78 and its 200 day moving average is $21.40. The firm has a market cap of $1.42 billion and a PE ratio of 26.07. Intertape Polymer Group has a 52 week low of $15.46 and a 52 week high of $24.84.
Intertape Polymer Group Company Profile
Intertape Polymer Group Inc operates in the specialty packaging industry in North America. The Company develops, manufactures and sells a range of paper and film-based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin packaging films, woven coated fabrics and complementary packaging systems for industrial and retail use.
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