Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Resolute Forest Products (RFP) Stock Price

Press coverage about Resolute Forest Products (NYSE:RFP) (TSE:RFP) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Resolute Forest Products earned a news impact score of 0.22 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 45.1357248059348 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

A number of research analysts have recently commented on the company. Royal Bank Of Canada reiterated a “hold” rating and issued a $5.00 price objective on shares of Resolute Forest Products in a report on Tuesday. BidaskClub upgraded Resolute Forest Products from a “hold” rating to a “buy” rating in a research note on Wednesday, August 23rd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. Resolute Forest Products has a consensus rating of “Hold” and a consensus price target of $4.67.

Resolute Forest Products (RFP) traded up 4.39% on Thursday, reaching $5.95. The company had a trading volume of 200,175 shares. The stock has a 50 day moving average of $5.01 and a 200 day moving average of $4.88. The firm’s market capitalization is $534.01 million. Resolute Forest Products has a 12 month low of $3.70 and a 12 month high of $6.75.

Resolute Forest Products (NYSE:RFP) (TSE:RFP) last announced its quarterly earnings data on Thursday, August 3rd. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.19). Resolute Forest Products had a negative net margin of 4.33% and a negative return on equity of 0.98%. The firm had revenue of $858.00 million for the quarter. During the same quarter in the prior year, the firm earned $0.07 EPS. On average, analysts anticipate that Resolute Forest Products will post ($0.09) EPS for the current year.

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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.

Insider Buying and Selling by Quarter for Resolute Forest Products (NYSE:RFP)

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