RBC Capital Maintains Outperform Rating for Mercer Intl: Here's What You Need To Know

RBC Capital has decided to maintain its Outperform rating of Mercer Intl MERC and raise its price target from $17.00 to $20.00.

Shares of Mercer Intl are trading down 2.05% over the last 24 hours, at $15.82 per share.

A move to $20.00 would account for a 26.43% increase from the current share price.

About Mercer Intl

Mercer International Inc operates in the pulp business and its operations are in Germany and Western Canada. The company is a producer of market northern bleached softwood kraft, or NBSK, pulp in the world. It is managed based on the primary products it manufactures: Pulp and Wood products. Mercer derives most of its revenue from the Pulp products.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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