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