Analyst Price Target is $17.22
▲ +49.59% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Mercer International in the last 3 months. The average price target is $17.22, with a high forecast of $27.00 and a low forecast of $10.00. The average price target represents a 49.59% upside from the last price of $11.51.
Current Consensus is
The current consensus among 5 investment analysts is to buy stock in Mercer International. This Buy consensus rating has held steady for over two years.
Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) pulp in Europe, the United States, Asia, and internationally. It operates through two segments, Pulp and Wood Products. The company also generates and sells green energy produced from biomass cogeneration power plant to third party utilities. In addition, it manufactures, distributes, and sells lumber and other wood residuals. Further, the company produces NBSK pulp primarily from wood chips, pulp logs, and sawlogs; carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste; and tall oil for use as a chemical additive and green energy source. It sells its pulp to tissue, specialty paper, and printing and writing paper, and other manufacturers; and lumber products to distributors, construction firms, secondary manufacturers, retail yards, and home centers. The company was founded in 1968 and is headquartered in Vancouver, Canada.