Powershares Global Etf Trust123 (PIZ) Forms $27.16 Double Top; Last Week Resolute Forest Products (TSE:RFP) Coverage

November 15, 2017 - By Nellie Frank

Among 4 analysts covering Resolute Forest Products (TSE:RFP), 1 have Buy rating, 2 Sell and 1 Hold. Therefore 25% are positive. Resolute Forest Products has $14.50 highest and $3.75 lowest target. $7.88’s

average target is -31.24% below currents $11.46 stock price. Resolute Forest Products had 9 analyst reports since August 26, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating given on Friday, February 3 by RBC Capital Markets. RBC Capital Markets maintained Resolute Forest Products Inc (TSE:RFP) on Tuesday, November 17 with “Sector Perform” rating. The rating was maintained by TD Securities with “Reduce” on Friday, February 3. Scotia Capital maintained Resolute Forest Products Inc (TSE:RFP) rating on Friday, February 3. Scotia Capital has “Underperform” rating and $5 target. TD Securities maintained Resolute Forest Products Inc (TSE:RFP) on Friday, May 5 with “Reduce” rating. See Resolute Forest Products Inc (TSE:RFP) latest ratings:

Powershares Global Etf Trust123 (PIZ) formed double top with $28.52 target or 5.00% above today’s $27.16 share price. Powershares Global Etf Trust123 (PIZ) has $230.26 million valuation. The stock increased 0.22% or $0.06 on November 14, reaching $27.16. About shares traded. Powershares Global Etf Trust123 (NASDAQ:PIZ) has risen 10.56% since November 15, 2016 and is uptrending. It has underperformed by 6.14% the S&P500.

Resolute Forest Products Inc. operates in the forest products industry. The company has market cap of $1.03 billion. It offers a range of forest products, including market pulp, tissue, wood products, newsprint and specialty papers. It currently has negative earnings. As of December 31, 2016, it owned or operated over 40 pulp, paper, tissue and wood products facilities in the United States and Canada.

The stock increased 0.09% or $0.01 on November 14, reaching $11.46. About 4,253 shares traded. Resolute Forest Products Inc (TSE:RFP) has 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

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