Resolute Forest Products Inc (RFP) PT Raised to C$9.00
Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP) had its price target increased by equities researchers at Royal Bank Of Canada to C$9.00 in a research note issued on Friday, StockTargetPrices.com reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price points to a potential downside of 12.45% from the stock’s previous close.
Resolute Forest Products (RFP) traded up C$2.68 during trading on Friday, hitting C$10.28. 61,472 shares of the company’s stock traded hands.
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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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