Analysts fell to the sidelines weighing in on Mercer International (MERC – Research Report) and Morguard (OTC) (MRCBF – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Mercer International (MERC)
In a report issued on November 4, Matt McKellar from RBC Capital reiterated a Hold rating on Mercer International, with a price target of $9.00. The company’s shares closed last Friday at $9.36.
According to TipRanks.com, McKellar is a 1-star analyst with an average return of
Currently, the analyst consensus on Mercer International is a Hold with an average price target of $9.00.
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Morguard (OTC) (MRCBF)
RBC Capital analyst Pammi Bir maintained a Hold rating on Morguard (OTC) on November 3 and set a price target of C$135.00. The company’s shares closed last Wednesday at $73.62, equals to its 52-week low of $73.62.
According to TipRanks.com, Bir is a 4-star analyst with an average return of
Currently, the analyst consensus on Morguard (OTC) is a Hold with an average price target of $98.85.
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Read More on MERC:
- Mercer reports Q3 EPS (39c), consensus (61c)
- Mercer International Inc. Reports Third Quarter and First Nine Months of 2023 Results and Announces Quarterly Cash Dividend of $0.075
- Mercer options imply 10.6% move in share price post-earnings
- MERC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Mercer International Inc. Announces Conference Call for Third Quarter 2023 Results
