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A statement released earlier today by Scotia Capital about Intertape Polymer Group Inc. (TSE:ITP) raises the target price to $27.00

Intertape Polymer Group Inc. (TSE:ITP) had its stock price target increased to $27.00 by Scotia Capital in an issued report announced Tuesday November 14, 2017. The bumped up target suggests a potential upside of 0.33% from the company's previous stock price close.

On 08/14/2017, RBC Capital Markets released a statement for Intertape Polymer Group Inc. (TSE:ITP) bumped down the target price from $29.00 to $27.00 that suggested an upside of 0.30%.

Boasting a price of $20.31, Intertape Polymer Group Inc. (TSE:ITP) traded 0.55% higher on the day. The last stock close price is down -20.43% from the 200-day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. ITP has recorded a 50-day moving average of $20.22 and a 200-day moving average of $22.87. 268,740 shares of ITP traded hands, up from an average trading volume of 212,871

Recent Performance Chart

Intertape Polymer Group Inc. (TSE:ITP)

Intertape Polymer Group Inc. has 52 week low of $17.98 and a 52 week high of $25.74 with a PE ratio of 16.13 and has a total market value of $0.

A total of 6 equity analysts have released a ratings update on ITP. One broker rating the stock a strong buy, 5 brokers rating the stock a buy, 0 firms rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the company a sell with a one year target of $19.63.

Brief Synopsis About Intertape Polymer Group Inc. (TSE:ITP)

Intertape Polymer Group Inc. operates in the specialty packaging industry. 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. It operates in the United States, Canada and other countries. The Company's products primarily consist of carton sealing tapes, including pressure sensitive and water-activated tapes; industrial and performance specialty tapes, including masking, duct, electrical and reinforced filament tapes; shrink film; stretch wrap; lumberwrap, structure fabrics and geomembrane fabrics, and non-manufactured flexible intermediate bulk containers. Its subsidiaries include Intertape Polymer Corp., IPG (US) Holdings Inc., IPG (US) Inc., Intertape Polymer Inc., FIBOPE Portuguesa-Filmes Biorientados, S.A. and Intertape Polymer Europe GmbH.

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