Published On: Wed, Oct 19th, 2016

Mercer International Inc. (NASDAQ:MERC) Updated Analyst Coverage


A number of investment brokers have recently updated their price targets on shares of Mercer International Inc. (NASDAQ:MERC).

Most recent broker ratings

05/03/2016 – Mercer International Inc. had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 13.75 price target on the stock.

04/29/2016 – Mercer International Inc. was downgraded to “hold” by analysts at TD Securities. They now have a USD 10 price target on the stock.

04/26/2016 – Standpoint Research began new coverage on Mercer International Inc. giving the company a “buy” rating. They now have a USD 12 price target on the stock.

01/27/2016 – Mercer International Inc. had its “outperform” rating reiterated by analysts at Raymond James.

01/13/2016 – Mercer International Inc. was upgraded to “buy” by analysts at Sidoti.

11/02/2015 – Mercer International Inc. was upgraded to “outperform” by analysts at Credit Suisse. They now have a USD 15 price target on the stock.

05/08/2015 – Mercer International Inc. was upgraded to “outperform” by analysts at Macquarie. They now have a USD 17.5 price target on the stock.

05/05/2015 – Mercer International Inc. had its “sector perform” rating reiterated by analysts at CIBC. They now have a USD 16.5 price target on the stock.

01/28/2015 – Mercer International Inc. was downgraded to “neutral” by analysts at Zacks. They now have a USD 15.2 price target on the stock.

05/14/2014 – Mercer International Inc. was upgraded to “hold” by analysts at TheStreet.

02/24/2014 – Mercer International Inc. was upgraded to “hold” by analysts at Thomson Reuters/Verus.

The share price of Mercer International Inc. (NASDAQ:MERC) was down -1.23% during the last day of trading, with a day high of 8.25. 69911 shares were traded during the last session.

The stock’s 50 day moving average is 8.40 and its 200 day moving average is 8.55. The stock’s market capitalization is 517.24M. Mercer International Inc. has a 52-week low of 5.95 and a 52-week high of 11.68.

Mercer International Inc. is engaged in producing (northern bleached softwood kraft) NBSK pulp. The Company operates in the pulp industry and produces pulp for resale, known as market pulp, in Germany. It also produces and sells tall oil, which is used as both a chemical additive and as a green energy source. The Company operates over two mills in Eastern Germany and approximately one mill in Western Canada. The Company’s NBSK pulp mills include Rosenthal mill, which is located in the town of Blankenstein, Germany, approximately 300 kilometers south of Berlin; Stendal Mill, which is located near the town of Stendal, Germany, approximately 130 kilometers west of Berlin, and Celgar Mill, which is located near the city of Castlegar, British Columbia, Canada, over 600 kilometers east of Vancouver. The Company’s NBSK pulp mills has an annual production capacity of approximately 1.5 million air-dried metric tons (ADMTs) of NBSK pulp and generates over 305 megawatts (MW) of electricity.