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

Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP) had its target price raised by research analysts at Scotiabank to C$10.00 in a research report issued on Friday. The firm presently has an “underperform” rating on the stock. Scotiabank’s target price indicates a potential downside of 2.72% from the company’s current price.

Separately, Royal Bank Of Canada raised their target price on shares of Resolute Forest Products to C$9.00 and gave the company a “sector perform” rating in a research note on Friday.

Resolute Forest Products (TSE:RFP) opened at C$10.28 on Friday. Resolute Forest Products has a 52 week low of C$4.78 and a 52 week high of C$10.42.

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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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