Credit Suisse (SIX:CSGN) analyst Andrew Kuske maintained a Hold rating on Mercer International (NASDAQ:MERC) Inc on Tuesday, setting a price target of $20, which is approximately 15.81% above the present share price of $17.27.
Kuske expects Mercer International Inc to post earnings per share (EPS) of -$0.20 for the second quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Mercer International, with an average price target of $19.25.
The analysts price targets range from a high of $24 to a low of $16.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $398.2 million and a net profit of $15.62 million. The company's market cap is $1.14 billion.
According to TipRanks.com, Credit Suisse analyst Andrew Kuske is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.8% and a 61.65% success rate.
Mercer International, Inc. is engaged in the manufacture and sale of pulp. It operates through Pulp and Wood Products segments. The Pulp segment consists of the manufacture, sales, and distribution of NBSK pulp, electricity, and other by-products at three pulp mills. The Wood Products segment involves in manufacture, sales, and distribution of lumber, electricity and other wood residuals at the Friesau Facility. The company was founded on July 1, 1968 and is headquartered in Vancouver, Canada.