Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP) had its price objective increased by stock analysts at Scotiabank to C$10.00 in a research report issued on Friday, StockTargetPrices.com reports. The firm currently has an “underperform” rating on the stock. Scotiabank’s target price points to a potential downside of 2.72% from the company’s previous close.

Separately, Royal Bank Of Canada increased their price target on shares of Resolute Forest Products to C$9.00 and gave the company a “sector perform” rating in a report on Friday.

Shares of Resolute Forest Products (TSE:RFP) traded up C$2.68 on Friday, hitting C$10.28. 61,472 shares of the stock were exchanged.

TRADEMARK VIOLATION WARNING: This report was reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/11/03/resolute-forest-products-inc-rfp-pt-raised-to-c10-00-2.html.

Resolute Forest Products Company Profile

Resolute Forest Products Inc operates in the forest products industry. It offers a range of forest products, including market pulp, tissue, wood products, newsprint and specialty papers. As of December 31, 2016, it owned or operated over 40 pulp, paper, tissue and wood products facilities in the United States and Canada.

Stock Target Prices

Receive News & Ratings for Resolute Forest Products Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Resolute Forest Products Inc and related companies with MarketBeat.com's FREE daily email newsletter.