Resolute Forest Products Inc (RFP) Hits New 12-Month High at $11.65

Shares of Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP) reached a new 52-week high during trading on Monday . The company traded as high as C$11.65 and last traded at C$11.28, with a volume of 10400 shares. The stock had previously closed at C$11.15.

RFP has been the topic of a number of research reports. TD Securities raised their price target on Resolute Forest Products to C$10.00 and gave the stock a “hold” rating in a report on Friday, November 3rd. Royal Bank Of Canada raised their price target on Resolute Forest Products to C$9.00 and gave the stock a “sector perform” rating in a report on Friday, November 3rd. Finally, Scotiabank raised their price target on Resolute Forest Products to C$10.00 and gave the stock an “underperform” rating in a report on Friday, November 3rd.

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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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