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A statement released today by TD Securities about Resolute Energy (TSE:RFP) raises the target price to $10.00

Resolute Energy (TSE:RFP) had its target price raised to $10.00 by TD Securities in an issued report issued Friday November 03, 2017. The upped price target implies a potential downside of -0.03% from the company's most recent stock price close.

On 5/5/2017, TD Securities reported about Resolute Energy (TSE:RFP) raised the target price from $0.00 to $5.50 that suggested a downside of -0.23%.

Only yesterday Resolute Energy (TSE:RFP) traded -2.99% lower at $10.28. Resolute Energy’s 50-day average is $7.20 and its two hundred day average is $6.52. With the last stock price close up 9.48% relative to the two hundred day average, compared to the S&P 500 which has increased 0.02% over the same time period. 23,996 shares of the stock were exchanged, up from an average trading volume of 12,867

See Chart Below

Resolute Energy (TSE:RFP)

Resolute Energy has 52 week low of $4.78 and a 52 week high of $9.16 and has a total market value of $0.

A total of 3 brokerages have issued a ratings update on Resolute Energy. 0 brokerages rating the stock a strong buy, 0 analysts rating the company a buy, two analysts rating the company a hold, one brokerage rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $5.00.

General Information About Resolute Energy (TSE:RFP)

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. Its segments include market pulp, tissue, wood products, newsprint and specialty papers. As of December 31, 2016, it produced market pulp at seven facilities in North America, with total capacity of approximately 1.7 million metric tons. As of December 31, 2016, it produced tissue products at two facilities in North America, both located in Florida. As of December 31, 2016, it operated 16 sawmills in Canada that produces construction-grade lumber sold in North America, on the east coast. As of December 31, 2016, it produced newsprint at 10 facilities in North America. As of December 31, 2016, it produced specialty papers at five facilities in North America.

The post A statement released today by TD Securities about Resolute Energy (TSE:RFP) raises the target price to $10.00 appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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A statement released today by TD Securities about Resolute Energy (TSE:RFP) raises the target price to $10.00

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