RBC Capital Maintains a Buy Rating on Resolute Forest (RFP)

RBC Capital analyst Paul Quinn maintained a Buy rating on Resolute Forest (RFP – Research Report) on July 30 and set a price target of $18.00. The company's shares closed last Friday at $11.94. According to TipRanks.com, Quinn is a 5-star analyst with an average return of 25.0% and a 63.1% success rate. Quinn covers the Basic Materials sector, focusing on stocks such as Rayonier Advanced Materials, International Paper Co, and West Fraser Timber Co. Currently, the analyst consensus on Resolute Forest is a Moderate Buy with an average price target of $16.33, which is a 34.7% upside from current levels. In a report issued on July 20, CIBC also maintained a Buy rating on the stock with a $14.00 price target. See today’s analyst top recommended stocks >> Based on Resolute Forest's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $873 million and net profit of $87 million. In comparison, last year the company earned revenue of $689 million and had a GAAP net loss of $1 million. Based on the recent corporate insider activity of 108 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RFP in relation to earlier this year. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. 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. Read More on RFP: Analysts Offer Insights on Utilities Companies: Fortis (FTS), Callon (CPE) and Ovintiv (OVV) Analysts Are Neutral on These Healthcare Stocks: Seagen (SGEN), Crispr Therapeutics AG (CRSP) Wall Street Analysts Are Bullish on Top Technology Picks Analysts Conflicted on These Conglomerates Names: Norfolk Southern (NSC), IDEX (IEX) and Fortune Brands (FBHS) Analysts Offer Insights on Materials Companies: Sherwin-Williams Company (SHW), West Fraser Timber Co (WFG) and Enviva (EVA) The post RBC Capital Maintains a Buy Rating on Resolute Forest (RFP) appeared first on TipRanks Financial Blog.

RBC Capital analyst Paul Quinn maintained a Buy rating on Resolute Forest (RFP – Research Report) on July 30 and set a price target of $18.00. The company's shares closed last Friday at $11.94.

According to TipRanks.com, Quinn is a 5-star analyst with an average return of 25.0% and a 63.1% success rate. Quinn covers the Basic Materials sector, focusing on stocks such as Rayonier Advanced Materials, International Paper Co, and West Fraser Timber Co.

Currently, the analyst consensus on Resolute Forest is a Moderate Buy with an average price target of $16.33, which is a 34.7% upside from current levels. In a report issued on July 20, CIBC also maintained a Buy rating on the stock with a $14.00 price target.

Based on Resolute Forest's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $873 million and net profit of $87 million. In comparison, last year the company earned revenue of $689 million and had a GAAP net loss of $1 million.

Based on the recent corporate insider activity of 108 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RFP in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Read More on RFP:

  • Analysts Offer Insights on Utilities Companies: Fortis (FTS), Callon (CPE) and Ovintiv (OVV)
  • Analysts Are Neutral on These Healthcare Stocks: Seagen (SGEN), Crispr Therapeutics AG (CRSP)
  • Wall Street Analysts Are Bullish on Top Technology Picks
  • Analysts Conflicted on These Conglomerates Names: Norfolk Southern (NSC), IDEX (IEX) and Fortune Brands (FBHS)
  • Analysts Offer Insights on Materials Companies: Sherwin-Williams Company (SHW), West Fraser Timber Co (WFG) and Enviva (EVA)

The post RBC Capital Maintains a Buy Rating on Resolute Forest (RFP) appeared first on TipRanks Financial Blog.

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Trican Well Service (TOLWF) Gets a Hold Rating from RBC Capital

In a report issued on July 28, Keith Mackey from RBC Capital maintained a Hold rating on Trican Well Service (TOLWF – Research Report), with a price target of C$3.50. The company's shares closed last Friday at $2.10, close to its 52-week high of $2.29. According to TipRanks.com, Mackey is ranked #1886 out of 7614 analysts. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trican Well Service with a $2.73 average price target, which is a 27.6% upside from current levels. In a report issued on July 29, TD Securities also maintained a Hold rating on the stock with a C$3.00 price target. See today’s analyst top recommended stocks >> The company has a one-year high of $2.29 and a one-year low of $0.68. Currently, Trican Well Service has an average volume of 15.96K. Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOLWF in relation to earlier this year. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. Trican Well Service Ltd. engages in the provision of products, equipment, services, and technology used in drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company was founded on April 11, 1979 and is headquartered in Calgary, Canada. Read More on TOLWF: RBC Capital Maintains a Buy Rating on Resolute Forest (RFP) Analysts Offer Insights on Utilities Companies: Fortis (FTS), Callon (CPE) and Ovintiv (OVV) Analysts Are Neutral on These Healthcare Stocks: Seagen (SGEN), Crispr Therapeutics AG (CRSP) Wall Street Analysts Are Bullish on Top Technology Picks Analysts Conflicted on These Conglomerates Names: Norfolk Southern (NSC), IDEX (IEX) and Fortune Brands (FBHS) The post Trican Well Service (TOLWF) Gets a Hold Rating from RBC Capital appeared first on TipRanks Financial Blog.

In a report issued on July 28, Keith Mackey from RBC Capital maintained a Hold rating on Trican Well Service (TOLWF – Research Report), with a price target of C$3.50. The company's shares closed last Friday at $2.10, close to its 52-week high of $2.29.

According to TipRanks.com, Mackey is ranked #1886 out of 7614 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trican Well Service with a $2.73 average price target, which is a 27.6% upside from current levels. In a report issued on July 29, TD Securities also maintained a Hold rating on the stock with a C$3.00 price target.

The company has a one-year high of $2.29 and a one-year low of $0.68. Currently, Trican Well Service has an average volume of 15.96K.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOLWF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Trican Well Service Ltd. engages in the provision of products, equipment, services, and technology used in drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company was founded on April 11, 1979 and is headquartered in Calgary, Canada.

Read More on TOLWF:

  • RBC Capital Maintains a Buy Rating on Resolute Forest (RFP)
  • Analysts Offer Insights on Utilities Companies: Fortis (FTS), Callon (CPE) and Ovintiv (OVV)
  • Analysts Are Neutral on These Healthcare Stocks: Seagen (SGEN), Crispr Therapeutics AG (CRSP)
  • Wall Street Analysts Are Bullish on Top Technology Picks
  • Analysts Conflicted on These Conglomerates Names: Norfolk Southern (NSC), IDEX (IEX) and Fortune Brands (FBHS)

The post Trican Well Service (TOLWF) Gets a Hold Rating from RBC Capital appeared first on TipRanks Financial Blog.

Source : Tip Ranks More   

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