Mercer International Inc. Reports Second Quarter and First Half 2024 Results and Announces Quarterly Cash Dividend of $0.075

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Go back to Mercer International Inc. Reports Second Quarter and First Half 2024 Results and Announces Quarterly Cash Dividend of $0.075

Mercer International (MERC) PT Lowered to $8 at RBC Capital

August 12, 2024 6:44 AM EDT

RBC Capital analyst Matthew McKellar lowered the price target on Mercer International (NASDAQ: MERC) to $8.00 (from $10.00) while maintaining a Sector Perform rating.

The analyst comments "Mercer reported Q224 EBITDA of $30.4MM, somewhat ahead of our forecast of $25.5MM but roughly in line with... More