Resolute Forest Products (RFP) Sets New 1-Year High at $12.07

Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP) reached a new 52-week high during trading on Thursday . The stock traded as high as C$12.07 and last traded at C$11.77, with a volume of 13580 shares changing hands. The stock had previously closed at C$11.95.

RFP has been the topic of several recent research reports. Royal Bank Of Canada upped their price objective on shares of Resolute Forest Products to C$9.00 and gave the company a “sector perform” rating in a report on Friday, November 3rd. TD Securities upped their price objective on shares of Resolute Forest Products to C$10.00 and gave the company a “hold” rating in a report on Friday, November 3rd. Finally, Scotiabank upped their price objective on shares of Resolute Forest Products to C$10.00 and gave the company 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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