▼ -18.81% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Mercer International in the last 3 months. The average price target is $10.10, with a high forecast of $12.50 and a low forecast of $8.00. The average price target represents a -18.81% upside from the last price of $12.44.
The current consensus among 5 contributing investment analysts is to buy stock in Mercer International. This Buy consensus rating has held steady for over two years.
Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) pulp in Europe, the United States, Asia, and internationally. The company operates in two segments, Pulp and Wood Products. It also generates and sells green energy produced from biomass cogeneration power plant to third party utilities. In addition, the company manufactures, distributes, and sells lumber and other wood residuals. Further, it produces NBSK pulp primarily from wood chips and pulp logs; carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste; and tall oil for use as a chemical additive and green energy source. The company sells its pulp to tissue, specialty paper, and printing and writing paper manufacturers; and lumber products to distributors, construction firms, secondary manufacturers, retail yards, and home centers. Mercer International Inc. was founded in 1968 and is headquartered in Vancouver, Canada.