Resolute Forest Products Inc (TSE:RFP) Price Target Raised to C$9.00 at Royal Bank Of Canada

Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP) had its target price hoisted by investment analysts at Royal Bank Of Canada to C$9.00 in a research report issued on Friday, November 3rd, reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price points to a potential downside of 21.47% from the company’s current price.

Shares of Resolute Forest Products (RFP) opened at C$11.46 on Friday. Resolute Forest Products has a fifty-two week low of C$5.29 and a fifty-two week high of C$11.65.

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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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