Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP) had its target price boosted by research analysts at TD Securities to C$10.00 in a report issued on Friday, StockTargetPrices.com reports. The brokerage currently has a “hold” rating on the stock. TD Securities’ price target indicates a potential downside of 2.72% from the company’s current price.

A number of other equities analysts also recently commented on RFP. Royal Bank Of Canada upped their price objective on shares of Resolute Forest Products to C$9.00 and gave the stock a “sector perform” rating in a research report on Friday. Scotiabank upped their price objective on shares of Resolute Forest Products to C$10.00 and gave the stock an “underperform” rating in a research report on Friday.

Shares of Resolute Forest Products (TSE:RFP) traded up C$2.68 during trading hours on Friday, reaching C$10.28. 61,472 shares of the company were exchanged.

ILLEGAL ACTIVITY NOTICE: This piece was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of international trademark and copyright laws. The original version of this piece can be viewed at https://www.americanbankingnews.com/2017/11/03/resolute-forest-products-inc-rfp-pt-raised-to-c10-00.html.

About Resolute Forest Products

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.