Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP)’s share price was down 3.4% during trading on Friday . The company traded as low as C$13.98 and last traded at C$14.53. Approximately 29,630 shares were traded during trading, an increase of 67% from the average daily volume of 17,696 shares. The stock had previously closed at C$14.05.
A number of equities analysts have recently commented on RFP shares. Royal Bank of Canada lifted their price target on shares of Resolute Forest Products to C$9.00 and gave the stock a “sector perform” rating in a report on Friday, November 3rd. TD Securities lifted their price target on shares of Resolute Forest Products to C$10.00 and gave the stock a “hold” rating in a report on Friday, November 3rd. Finally, Scotiabank lifted their price target on shares of Resolute Forest Products to C$10.00 and gave the stock an “underperform” rating in a report on Friday, November 3rd.
The company has a market cap of $1,260.00, a price-to-earnings ratio of -9.25 and a beta of 1.10.
Resolute Forest Products Company Profile
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.