Intertape Polymer Group (TSE:ITP) had its price objective upped by research analysts at Scotiabank from C$26.00 to C$28.00 in a research report issued to clients and investors on Monday. The firm presently has a “focus stock” rating on the stock. Scotiabank’s price objective indicates a potential upside of 15.23% from the company’s current price.

A number of other equities research analysts also recently commented on ITP. Royal Bank Of Canada raised their target price 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. RBC Capital Markets raised their target price 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, TD Securities raised their target price on Intertape Polymer Group from C$26.00 to C$27.00 and gave the company a “buy” rating in a report on Monday.

Intertape Polymer Group (TSE:ITP) opened at 24.30 on Monday. The stock’s 50 day moving average is $22.78 and its 200 day moving average is $21.40. Intertape Polymer Group has a 12 month low of $15.46 and a 12 month high of $24.84. The firm has a market cap of $1.42 billion and a PE ratio of 26.07.

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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