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Mercer International Inc. (MERC) [hlAlert]

down 39.26 %

Mercer International Inc. (MERC) downgraded to Underperform with price target $6 by BMO Capital Markets

Posted on: Monday,  Mar 4, 2013  12:25 PM ET by BMO Capital Markets

BMO Capital Markets rated Underperform Mercer International Inc. (NASDAQ: MERC) on 03/04/2013, when the stock price was $6.96.
Since then, Mercer International Inc. has gained 64.66% as of 01/27/2016's recent price of $11.46.
If you would have followed this BMO Capital Markets's recommendation on MERC, you would have lost 39.26% of your investment in 1059 days.

Mercer International Inc. (Mercer) operates in the pulp business and is a producer of market northern bleached softwood kraft (NBSK) pulp. The Company?s operations are located in Eastern Germany and Western Canada. It operates three NBSK pulp mills with a consolidated annual production capacity of approximately 1.5 million million air-dried metric tons (ADMTs): Rosenthal mill, Stendal mill and Celgar mill. The Company?s wholly owned subsidiary, Rosenthal, owns and operates an NBSK pulp mill that has an annual production capacity of approximately 325,000 ADMTs. Its 70.6%-owned subsidiary, Stendal, owns and operates an NBSK pulp mill that has an annual production capacity of approximately 635,000 ADMTs. Its wholly owned subsidiary, Celgar, owns and operates the Celgar mill, an NBSK pulp mill with an annual production capacity of approximately 495,000 ADMTs.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/4/2013 12:25 PM Sell
6.96 6.00
as of 12/13/2013
1 Week up  0.20 %
1 Month up  0.61 %
3 Months down  -26.33 %
1 YTD down  -39.22 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/18/2011 10:25 AM Hold
6.65 8.00
6/15/2010 11:25 AM Buy

(*) Stock Price at the time of the recommendation.
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