Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Mercer International Inc (NASDAQ: MERC) improved in the last week. 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
Mercer International Inc (NASDAQ: MERC) stock closed at $9.77 on 4/8/24 after a decline of -2.9%. However, exceptionally low trading volume at 40% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -1.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, MERC 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 inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Mercer International has a neutral Appreciation Score of 52 but a good Power Rating of 75, producing the Positive Value Trend Rating.
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