RBC Capital analyst Paul Quinn maintained a Buy rating on Resolute Forest (NYSE:RFP) on Tuesday, setting a price target of $18, which is approximately 33.14% above the present share price of $13.52.
Quinn expects Resolute Forest to post earnings per share (EPS) of $1.07 for the second quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Resolute Forest, with an average price target of $14.67.
The analysts price targets range from a high of $18 to a low of $12.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $873 million and a net profit of $180 million. The company's market cap is $1.07 billion.
According to TipRanks.com, RBC Capital analyst Paul Quinn is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 27.9% and a 66.85% success rate.
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. It also produces lumber and other wood products for the residential-construction and home-renovation markets, as well as for specialized structural and industrial applications. Resolute Forest Products was founded on January 25, 2007 and is headquartered in Montreal, Canada.