Market News

Private Management Group Has Lowered Its Resolute Fst Prods (RFP) Holding; Last Week BHP Billiton plc (BBL) Analysts

Resolute Forest Products Inc. (NYSE:RFP) Logo

Among 2 analysts covering BHP Billiton (NYSE:BBL), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. BHP Billiton had 9 analyst reports since August 23, 2016 according to SRatingsIntel. The stock of BHP Billiton plc (NYSE:BBL) earned “Hold” rating by Jefferies on Monday, July 10. The firm earned “Hold” rating on Thursday, August 17 by Jefferies. Jefferies maintained BHP Billiton plc (NYSE:BBL) rating on Wednesday, August 23. Jefferies has “Buy” rating and $37 target. Jefferies maintained it with “Hold” rating and $38.0 target in Wednesday, October 4 report. The firm has “Hold” rating by Jefferies given on Thursday, August 31. The rating was downgraded by Jefferies to “Hold” on Thursday, June 8. The rating was maintained by Citigroup with “Buy” on Wednesday, April 12. The rating was upgraded by Jefferies to “Buy” on Tuesday, August 23. Jefferies maintained BHP Billiton plc (NYSE:BBL) rating on Monday, April 9. Jefferies has “Hold” rating and $3800 target. See BHP Billiton plc (NYSE:BBL) latest ratings:

09/04/2018 Broker: Jefferies Rating: Hold New Target: $38.0000 Maintain

Private Management Group Inc decreased Resolute Fst Prods Inc (RFP) stake by 15.7% reported in 2017Q4 SEC filing. Private Management Group Inc sold 37,505 shares as Resolute Fst Prods Inc (RFP)’s stock declined 22.22%. The Private Management Group Inc holds 201,323 shares with $2.23M value, down from 238,828 last quarter. Resolute Fst Prods Inc now has $917.82M valuation. The stock decreased 2.40% or $0.25 during the last trading session, reaching $10.15. About 199,844 shares traded. Resolute Forest Products Inc. (NYSE:RFP) has risen 73.20% since May 18, 2017 and is uptrending. It has outperformed by 61.65% the S&P500.

Among 4 analysts covering Resolute Forest Products (NYSE:RFP), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Resolute Forest Products had 21 analyst reports since October 21, 2015 according to SRatingsIntel. TD Securities downgraded the shares of RFP in report on Friday, April 1 to “Reduce” rating. The firm earned “Hold” rating on Thursday, October 19 by RBC Capital Markets. The stock of Resolute Forest Products Inc. (NYSE:RFP) has “Sell” rating given on Friday, October 13 by TD Securities. The firm has “Outperformer” rating by IBC given on Friday, November 3. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, February 1. The rating was maintained by RBC Capital Markets with “Hold” on Sunday, July 30. RBC Capital Markets maintained it with “Hold” rating and $5.0 target in Sunday, October 8 report. RBC Capital Markets upgraded it to “Outperform” rating and $7 target in Friday, February 5 report. The stock of Resolute Forest Products Inc. (NYSE:RFP) has “Sell” rating given on Tuesday, March 6 by Scotia Capital. TD Securities upgraded the shares of RFP in report on Friday, November 3 to “Hold” rating.

Private Management Group Inc increased Park Ohio Hldgs Corp (NASDAQ:PKOH) stake by 7,566 shares to 638,747 valued at $29.35M in 2017Q4. It also upped Redwood Tr Inc stake by 764,000 shares and now owns 3.37M shares. Valeant Pharmaceuticals Intl (NYSE:VRX) was raised too.

More news for Resolute Forest Products Inc. (NYSE:RFP) were recently published by: Seekingalpha.com, which released: “Tracking Prem Watsa’s Fairfax Financial Holdings Portfolio – Q1 2018 Update” on May 17, 2018. Seekingalpha.com‘s article titled: “Resolute Forest Products’ (RFP) CEO Yves Laflamme on Q1 2018 Results – Earnings Call Transcript” and published on May 03, 2018 is yet another important article.

BHP Billiton Plc, together with its subsidiaries, operates as a resources firm that discovers, acquires, develops, and markets natural resources in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and internationally. The company has market cap of $124.97 billion. It operates through four divisions: Petroleum, Copper, Iron Ore, and Coal. It has a 26.4 P/E ratio. The firm engages in the exploration, development, and production of gas and oil; development and mining of potash; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, iron ore, metallurgical coal, and thermal coal.

The stock decreased 0.96% or $0.45 during the last trading session, reaching $46.51. About 829,359 shares traded. BHP Billiton plc (NYSE:BBL) has risen 28.11% since May 18, 2017 and is uptrending. It has outperformed by 16.56% the S&P500.

Resolute Forest Products Inc. (NYSE:RFP) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *