Mercer International (MERC.U) Sets New 12-Month High at $14.30

Mercer International Inc (TSE:MERC.U) shares reached a new 52-week high on Tuesday . The stock traded as high as C$14.30 and last traded at C$14.00, with a volume of 0 shares traded. The stock had previously closed at C$14.00.

MERC.U has been the topic of several research analyst reports. CSFB cut Mercer International from an “outperform” rating to a “neutral” rating and set a C$19.00 price objective on the stock. in a research report on Friday, October 27th. Royal Bank of Canada boosted their price objective on Mercer International to C$20.50 and gave the stock an “outperform” rating in a research report on Tuesday, October 31st.

TRADEMARK VIOLATION WARNING: “Mercer International (MERC.U) Sets New 12-Month High at $14.30” was posted by Community Financial News and is the property of of Community Financial News. If you are reading this story on another domain, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this story can be read at

About Mercer International

Mercer International Inc is a producer of northern bleached softwood kraft (NBSK) pulp, which is pulp that is sold on the open market. The Company also produces and sells tall oil, a by-product of its production process, which is used as both a chemical additive and as a green energy source. It produces and sells NBSK pulp, which is a bleached kraft pulp manufactured using northern softwood.

Receive News & Ratings for Mercer International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercer International and related companies with's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit