In a report released today, Paul Quinn from RBC Capital reiterated a Hold rating on Resolute Forest (NYSE: RFP), with a price target of $14. The company’s shares closed yesterday at $13.66.
According to TipRanks.com, Quinn is a 5-star analyst with an average return of 17.6% and a 66.8% success rate. Quinn covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Clearwater Paper, and WestRock LLC.
The word on The Street in general, suggests a Hold analyst consensus rating for Resolute Forest with a $14.50 average price target.
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The company has a one-year high of $15.75 and a one-year low of $7.35. Currently, Resolute Forest has an average volume of 403.3K.
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Resolute Forest Products, Inc. provides forest products. It owns and operates pulp & paper mills, and wood products facilities located in the United States, Canada and South Korea. The company operates its business through the following segments: Newsprint, Specialty Papers, Tissue, Market Pulp and Wood Products.
