Mercer International (MERC.U) Hits New 12-Month High at $14.30

Mercer International Inc (TSE:MERC.U)’s share price reached a new 52-week high on Tuesday . The stock traded as high as C$14.30 and last traded at C$14.00, with a volume of 0 shares changing hands. The stock had previously closed at C$14.00.

Several equities analysts have weighed in on the company. Royal Bank of Canada lifted their target price on Mercer International to C$20.50 and gave the company an “outperform” rating in a research report on Tuesday, October 31st. CSFB cut Mercer International from an “outperform” rating to a “neutral” rating and set a C$19.00 price objective for the company. in a research note on Friday, October 27th.

COPYRIGHT VIOLATION WARNING: “Mercer International (MERC.U) Hits New 12-Month High at $14.30” was posted by BBNS and is the sole property of of BBNS. If you are accessing this article on another site, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this article can be read at https://baseballnewssource.com/markets/mercer-international-merc-u-hits-new-12-month-high-at-14-30/1824516.html.

About Mercer International

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.

Receive News & Ratings for Mercer International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercer International and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Rumor: Milwaukee Brewers Offer Yu Darvish Contract
Rumor: Milwaukee Brewers Offer Yu Darvish Contract
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires


Leave a Reply

 
© 2006-2018 BBNS.