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Mercer International Inc. (MERC) [hlAlert]

Rating:
Reduce MERC
down 18.32 %

Mercer International Inc. (MERC) downgraded to Reduce with price target $8.50 by TD Securities

Posted on: Wednesday,  Feb 19, 2014  8:25 AM ET by TD Securities

TD Securities rated Reduce Mercer International Inc. (NASDAQ: MERC) on 02/19/2014, when the stock price was $9.18. Since then, Mercer International
Inc. has gained 22.44% of its value until TD Securities rated MERC Buy on 09/11/2015, when the price was $11.24.
If you would have followed this TD Securities's recommendation on MERC, you would have lost 18.32% of your investment in 569 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.

TD Securities
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/11/2015 10:25 AM Buy
None
11.24
as of 10/17/2014
1 Week down  -5.33 %
1 Month down  -4.39 %
3 Months up  0.57 %
1 YTD down  -13.94 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/19/2014 8:25 AM Sell
None
9.18 8.50
4/17/2013 9:25 AM Hold
None
6.38

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