TD Securities Lowers Mercer International to Hold (MERC)

By admin | 7 years ago

Mercer International (NASDAQ: MERC) was downgraded by research analysts at TD Securities from a “buy” rating to a “hold” rating in a report released on Tuesday.

Shares of Mercer International traded down 2.61% during mid-day trading on Tuesday, hitting $6.71. Mercer International has a one year low of $5.30 and a one year high of $13.75. The company has a market cap of $372.7 million and a P/E ratio of 5.82.

Separately, analysts at Zacks upgraded shares of Mercer International from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, February 22nd.

Mercer International Inc. (Mercer) is a producer of market northern bleached softwood kraft (NBSK), pulp in the world.

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