Resolute Forest Products Inc (RFP) Price Target Raised to C$9.00

Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP) had its price target raised by equities research analysts at Royal Bank Of Canada to C$9.00 in a research report issued to clients and investors on Friday. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential downside of 12.45% from the company’s current price.

Shares of Resolute Forest Products (TSE:RFP) traded up C$2.68 on Friday, reaching C$10.28. The company’s stock had a trading volume of 61,472 shares.

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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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