Resolute Forest Products Inc (RFP) PT Raised to C$10.00
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.
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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.
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