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Enter Symbol:
Rating: MERC
Reduce $8.50

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

Wednesday,  Feb 19, 2014  8:25 AM ET by Dave Ficere

TD Securities downgraded Mercer International Inc. (NASDAQ: MERC) to Reduce with
price target $8.50. Previously TD Securities rated Hold Mercer International Inc. (NASDAQ: MERC) on 04/17/2013, when the stock price was $6.38.

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



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