They have a big presence in the US (80% of sales.) It is a pretty competitive space and he does not like it. He was exposed with another player (CCL). He moved on in the fourth quarter because their growth had stalled. It is stuck and range bound and unless earnings grow there is little reason to think share price will.
They have a big presence in the US (80% of sales.) It is a pretty competitive space and he does not like it. He was exposed with another player (CCL). He moved on in the fourth quarter because their growth had stalled. It is stuck and range bound and unless earnings grow there is little reason to think share price will.
It is a well managed but low marking business. They are trying to diversify. He has looked at it many times but still prefers CCL.B-T.
It is a well managed but low marking business. They are trying to diversify. He has looked at it many times but still prefers CCL.B-T.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 6
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 9
Intertape Polymer Group is a Canadian stock, trading under the symbol ITP-T on the Toronto Stock Exchange (ITP-CT). It is usually referred to as TSX:ITP or ITP-T
In the last year, 9 stock analysts published opinions about ITP-T. 6 analysts recommended to BUY the stock. 2 analyst recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Intertape Polymer Group.
Intertape Polymer Group was recommended as a Top Pick by Barry Schwartz on 2020-02-14. Read the latest stock experts ratings for Intertape Polymer Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
9 stock analysts on Stockchase covered Intertape Polymer Group In the last year. It is a trending stock that is worth watching.
On 2020-04-03, Intertape Polymer Group (ITP-T) stock closed at a price of $9.48.
