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Shares Bouncing Above The Trend Line: Consumer Goods (:Resolute Forest Products Inc.)

Shares Bouncing Above The Trend Line: Consumer Goods (:Resolute Forest Products Inc.)”

Resolute Forest Products had 15 analyst reports since October 21, 2015 according to SRatingsIntel. Resolute Forest Products earned a daily sentiment score of 0.14 on Accern's scale.

Let's take a look at how the stock has been performing recently.

Yesterday Resolute Forest Products RFP (NYSE:RFP) traded -0.79% lower at $4.45. If the $9.52 price target is reached, the company will be worth $33.79M more. Resolute Forest Products has $9 highest and $5.0 lowest target.

(NYSE:RFP) now has a beta of 1.24 so it is more volatile than the market as a whole. Resolute Forest Products Inc (TSE:RFP) has 0.00% since November 19, 2016 and is.

Resolute Reports Preliminary Third Quarter 2017 Results. During the same quarter in the prior year, the business earned $0.17 EPS. Resolute Forest Products's revenue for the quarter was down.3% on a year-over-year basis. Equity analyst Scotiabank raised the price target on November 3 boosting the projection from $5.25 to $7.75 and issued a "Underperform" recommendation. The rating was maintained by RBC Capital Markets with "Hold" on Thursday, November 2.

In a report released on 05/24/2017 RBC Capital Markets increased the stock price target of Resolute Forest Products RFP (NYSE:RFP) to $5.00 indicating a possible upside of 0.12%. The firm has "Sector Perform" rating given on Monday, April 25 by RBC Capital Markets. Finally, BidaskClub upgraded shares of Resolute Forest Products from a "hold" rating to a "buy" rating in a report on Wednesday, August 23rd. RSI levels above 70 are considered overbought and stocks are considered oversold at levels under 30. The price now stands at $2.81%.

TRADEMARK VIOLATION NOTICE: "Resolute Forest Products (RFP) Receiving Somewhat Positive Media Coverage, Study Shows" was originally reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of USA and global copyright laws. The original version of this piece of content can be read at https://weekherald.com/2017/11/18/resolute-forest-products-inc-rfp-svp-yves-laflamme-sells-20800-shares-of-stock.html. The shares were sold at an average price of $8.80, for a total transaction of $55,924.00. Following the transaction, the senior vice president now owns 114,542 shares in the company, valued at $938,098.98. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

In order to tell which way a stock is trending, the stock's share price should be compared to its moving average. 107.95% over the last quarter, and 112.79% for the past six months.

Resolute Forest Products RFP has a 52 week low of $3.70 and a 52 week high of $6.75 The company's market cap is now $0. 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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