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Mercer International Inc has a consensus price target of $9.5 based on the ratings of 6 analysts. The high is $15 issued by TD Securities on June 23, 2022. The low is $7 issued by RBC Capital on November 4, 2024. The 3 most-recent analyst ratings were released by RBC Capital, CIBC, and RBC Capital on November 4, 2024, August 13, 2024, and August 12, 2024, respectively. With an average price target of $7.83 between RBC Capital, CIBC, and RBC Capital, there's an implied 23.17% upside for Mercer International Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Mercer Intl (NASDAQ:MERC) was reported by RBC Capital on November 4, 2024. The analyst firm set a price target for $7.00 expecting MERC to rise to within 12 months (a possible 10.06% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Mercer Intl (NASDAQ:MERC) was provided by RBC Capital, and Mercer Intl reiterated their sector perform rating.
The last upgrade for Mercer International Inc happened on July 6, 2022 when Credit Suisse raised their price target to $19. Credit Suisse previously had a neutral for Mercer International Inc.
The last downgrade for Mercer International Inc happened on August 4, 2023 when Raymond James changed their price target from N/A to N/A for Mercer International Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mercer Intl, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Mercer Intl was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest Mercer Intl (MERC) rating was a reiterated with a price target of $7.00 to $7.00. The current price Mercer Intl (MERC) is trading at is $6.36, which is out of the analyst’s predicted range.
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