Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP) shares reached a new 52-week high during trading on Monday . The company traded as high as C$14.08 and last traded at C$13.67, with a volume of 9983 shares. The stock had previously closed at C$13.75.
A number of research analysts have commented on the company. Scotiabank increased their target price on Resolute Forest Products to C$10.00 and gave the stock an “underperform” rating in a report on Friday, November 3rd. TD Securities increased their target price on Resolute Forest Products to C$10.00 and gave the stock a “hold” rating in a report on Friday, November 3rd. Finally, Royal Bank of Canada increased their target price on Resolute Forest Products to C$9.00 and gave the stock a “sector perform” rating in a report on Friday, November 3rd.
The stock has a market capitalization of $1,230.00, a PE ratio of -8.71 and a beta of 1.10.
ILLEGAL ACTIVITY NOTICE: This piece of content was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of US & international copyright & trademark laws. The original version of this piece of content can be viewed at https://www.dispatchtribunal.com/2017/12/27/resolute-forest-products-rfp-hits-new-1-year-high-at-14-08.html.
About Resolute Forest Products
Resolute Forest Products Inc operates in the forest products industry in the United States, Canada, Mexico, Brazil, and internationally. It operates through five segments: Market Pulp, Tissue, Wood Products, Newsprint, and Specialty Papers. The Market Pulp segment provides market pulp, recycled bleached Kraft pulp, and bleached hardwood Kraft pulp used to make a range of consumer products, such as tissue, packaging, specialty paper products, diapers, and other absorbent products.
Receive News & Ratings for Resolute Forest Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Resolute Forest Products and related companies with MarketBeat.com's FREE daily email newsletter.