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 a producer of northern bleached softwood kraft (NBSK) pulp, which is pulp that is sold on the open market. The Company also produces and sells tall oil, a by-product of its production process, which is used as both a chemical additive and as a green energy source. It produces and sells NBSK pulp, which is a bleached kraft pulp manufactured using northern softwood. As of December 31, 2016, the Company operated two mills in Eastern Germany and one mill in Western Canada. As of December 31, 2016, its three NBSK pulp mills had consolidated annual production capacity of approximately 1.5 million air-dried metric tons (ADMTs) of NBSK pulp and were capable of generating 305 megawatts (MW) of electricity. Additionally, its German mills generate tall oil from black liquor, which is sold to third parties for use in various applications, including bio-fuels. The Company’s mills generate and sell energy to regional utilities.