Is Mercer International Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: MERC) stock is to Hold MERC stock.
Out of 3 analysts, 0 (0%) are recommending MERC as a Strong Buy, 0 (0%) are recommending MERC as a Buy, 3 (100%) are recommending MERC as a Hold, 0 (0%) are recommending MERC as a Sell, and 0 (0%) are recommending MERC as a Strong Sell.
What is MERC's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: MERC) forecast ROE is 28.09%, which is considered strong.
What is MERC's Price Target?
According to 3 Wall Street analysts that have issued a 1 year MERC price target, the average MERC price target is $10.33, with the highest MERC stock price forecast at $13.00 and the lowest MERC stock price forecast at $8.00.
On average, Wall Street analysts predict that Mercer International's share price could reach $10.33 by Jun 1, 2024. The average Mercer International stock price prediction forecasts a potential upside of 15.32% from the current MERC share price of $8.96.
What is MERC's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: MERC) forecast ROA is 8.44%, which is higher than the forecast US Paper & Paper Products industry average of 8.34%.
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