Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$14.72 and last traded at C$14.28, with a volume of 11454 shares traded. The stock had previously closed at C$14.48.

A number of brokerages have recently issued reports on RFP. Scotiabank increased their target price on Resolute Forest Products to C$10.00 and gave the stock an “underperform” rating in a research note 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 research note 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 research note on Friday, November 3rd.

The firm has a market cap of $1,280.00, a P/E ratio of -9.56 and a beta of 1.10.

Resolute Forest Products (TSE:RFP) (NYSE:RFP) last released its quarterly earnings data on Thursday, November 2nd. The company reported C$0.43 earnings per share for the quarter.

TRADEMARK VIOLATION WARNING: “Resolute Forest Products (RFP) Hits New 52-Week High at $14.72” was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this article can be accessed at https://www.thecerbatgem.com/2018/01/21/resolute-forest-products-rfp-hits-new-52-week-high-at-14-72.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.