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Enter Symbol:
Rating: MERC
Outperform $14

Mercer International Inc. (NASDAQ: MERC) upgraded to Outperform with price target $14 by RBC Capital Mkts

Tuesday,  Aug 5, 2014  12:00 AM ET by Dave Ficere

RBC Capital Mkts upgraded Mercer International Inc. (NASDAQ: MERC) to Outperform with
price target $14. Previously RBC Capital Mkts rated Sector Perform Mercer International Inc. (NASDAQ: MERC) on 07/16/2013, when the stock price was $6.70.

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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.



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