Analyst Price Target is $18.00
▲ +44.35% 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 $18.00, with a high forecast of $24.00 and a low forecast of $13.00. The average price target represents a 44.35% upside from the last price of $12.47.
Current Consensus is
Hold
The current consensus among 5 contributing investment analysts is to hold stock in Mercer International. This rating changed within the last month from a Buy consensus rating.
Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) pulp in Europe, the United States, Asia, and internationally. The company operates through two segments, Pulp and Wood Products. It also generates and sells green energy produced from biomass cogeneration power plant to third party utilities. In addition, the company manufactures, distributes, and sells lumber and other wood residuals. Further, it 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. The company 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. Mercer International Inc. was founded in 1968 and is headquartered in Vancouver, Canada.
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