Based on ratings from 2 stock analysts, the Mercer International Inc stock price is expected to increase by 11.46% in 12 months. This is calculated by using the average 12-month stock price forecast for Mercer International Inc. The lowest target is $7.5 and the highest is $8.5. Please note analyst price targets are not guaranteed and could be missed completely.
About 2 Wall Street analysts have assignedMERC 1 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Mercer International Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MERC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of MERC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Hamir Patel CIBC | Neutral | $8.5 | Maintains | Aug 13, 2024 |
Matthew McKellar RBC Capital | Sector Perform | $8 | Maintains | Aug 12, 2024 |
Matthew McKellar RBC Capital | Sector Perform | $10 | Maintains | Feb 28, 2024 |
Paul Quinn RBC Capital | Sector Perform | $8 | Reiterates | Sep 8, 2023 |
Credit Suisse | Neutral | Maintains | Aug 24, 2023 | |
Raymond James | Market Perform | Downgrade | Aug 4, 2023 | |
Andrew Kuske Credit Suisse | Neutral | $10 | Maintains | Jun 1, 2023 |
Paul Quinn RBC Capital | Sector Perform | $8 | Reiterates | May 8, 2023 |
Andrew Kuske Credit Suisse | Neutral | $10.5 | Maintains | Apr 19, 2023 |
Paul Quinn RBC Capital | Sector Perform | $12 | Maintains | Feb 21, 2023 |
Andrew Kuske Credit Suisse | Neutral | $15.5 | Downgrade | Feb 10, 2023 |
Hamir Patel CIBC | Neutral | $13 | Downgrade | Jan 10, 2023 |
Paul Quinn RBC Capital | Sector Perform | $14 | Downgrade | Dec 8, 2022 |
Paul Quinn RBC Capital | Outperform | $20 | Maintains | Aug 2, 2022 |
Paul Quinn RBC Capital | Outperform | $20 | Maintains | Aug 1, 2022 |
Andrew Kuske Credit Suisse | Outperform | $21 | Maintains | Jul 26, 2022 |
Credit Suisse | Outperform | Upgrade | Jul 6, 2022 | |
Sean Steuart TD Securities | Hold | $15 | Maintains | Jun 23, 2022 |
Andrew Kuske Credit Suisse | Neutral | $18.5 | Maintains | Apr 21, 2022 |
Andrew Kuske Credit Suisse | Neutral | $16 | Maintains | Feb 23, 2022 |
When did it IPO
1990
Staff Count
3,508
Country
Canada
Sector/Industry
Basic Materials/Paper & Paper Products
CEO
Mr. Juan Carlos Bueno
Market Cap
$472.8M
In 2023, MERC generated $1.99B in revenue, which was a decrease of -12.59% from the previous year. This can be seen as a signal that MERC's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Mercer International's Peace River mill is undergoing repairs due to a mechanical failure, causing a 45,000-tonne reduction in NBHK production until mid-October 2024. Insurance is expected to cover losses.
Why It Matters - Mercer International's downtime at the Peace River mill could impact production and revenue, but insurance coverage may mitigate financial damage, influencing investor sentiment and stock performance.
Summary - MERC anticipates a 45,000-ton decrease in NBHK production at its Peace River mill due to scheduled repairs.
Why It Matters - MERC's reduced production at the Peace River mill signals potential revenue loss and supply constraints, impacting market dynamics and investor sentiment regarding company performance.
Summary - Investors seek dividend-yielding stocks during market turbulence, favoring companies with high free cash flows that offer substantial dividend payouts.
Why It Matters - Rising market turbulence drives demand for dividend-yielding stocks, indicating a shift towards stability and income, impacting stock valuations and investment strategies.
Summary - Mercer International's share price has dropped 50% since May, but strong liquidity, manageable debt, and insider buying indicate a potential buying opportunity, despite operational challenges in Europe.
Why It Matters - Mercer International's solid liquidity, manageable debt, and insider buying signal confidence amidst challenges, presenting a potential buying opportunity for investors looking for value.
Summary - U.S. stocks ended mixed on Monday, with several significant insider trades reported.
Why It Matters - Notable insider trades can indicate executives' confidence in their companies' prospects, potentially influencing stock performance and investor sentiment.
Summary - Mercer International Inc. (Nasdaq: MERC) CEO Juan Carlos Bueno will present at an upcoming conference, details of which have not been disclosed.
Why It Matters - CEO presentations can influence investor sentiment and stock performance, providing insights into company strategy and future prospects, affecting market perceptions and investment decisions.