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CIBC Sticks to Its Hold Rating for Mercer International (MERC)

Tipranks - Tipranks - Wed May 7, 2025

In a report released today, Hamir Patel from CIBC maintained a Hold rating on Mercer International (MERC – Research Report), with a price target of $5.00.

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Patel covers the Basic Materials sector, focusing on stocks such as Mercer International, Methanex, and Mosaic Co. According to TipRanks, Patel has an average return of 15.6% and a 56.31% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Mercer International with a $5.00 average price target.

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Based on Mercer International’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $506.97 million and a GAAP net loss of $22.34 million. In comparison, last year the company earned a revenue of $553.43 million and had a GAAP net loss of $16.7 million

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