Mercer International (MERC) Gets a Hold from RBC Capital
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Matt McKellar maintained a Hold rating on Mercer International (MERC) with a $0.75 price target. This contrasts with the broader TipRanks consensus, which rates MERC as a Moderate Sell with an average price target of $0.92. McKellar, who covers the Basic Materials sector including MERC, has a 42.38% success rate on recommendations.
In a report released yesterday, Matt McKellar from RBC Capital maintained a Hold rating on Mercer International, with a price target of $0.75.
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McKellar covers the Basic Materials sector, focusing on stocks such as Acadian Timber, Clearwater Paper, and Mercer International. According to TipRanks, McKellar has an average return of 3.0% and a 42.38% success rate on recommended stocks.
Currently, the analyst consensus on Mercer International is a Moderate Sell with an average price target of $0.92.