Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Mercer International Inc (NASDAQ: MERC) improved in recent days. MERC’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 3/18/24, Mercer International Inc (NASDAQ: MERC) stock declined modestly by -1.3%, closing at $9.13. However, trading volume in this decline was below average at 75% of normal. Relative to the market the stock has been strong over the last nine months but has declined -8.8% during the last week.
Current PriceTarget Research Rating
MERC’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Mercer International has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Mercer International has a neutral Appreciation Score of 57 and a slightly positive Power Rating of 70, with the Positive Value Trend Rating the result.
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