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Rating: MERC
Buy

Mercer International Inc. (NASDAQ: MERC) upgraded to Buy by TD Securities

Friday,  Sep 11, 2015  10:25 AM ET by Lynn Gilbert

TD Securities upgraded Mercer International Inc. (NASDAQ: MERC) to Buy. Previously, TD
Securities rated Mercer International Inc. (NASDAQ: MERC) to Reduce with price target $8.50 on 02/19/2014, when the stock price was valued at $9.18.

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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