Zacks Investment Research upgraded shares of MERCER INTL SBI (MERC) from UNDERPERFORM to NEUTRAL on February 20, 2012, with a target price of $8.20.
Mercer International Inc. owns and operates a diverse pulp and paper business in the southern German states of Saxony and Thuringia, in the former East Germany. The Company operates it's pulp business primarily through its subsidiaries, Spezialpapierfabrik Blankenstein GmbH and Zellstof-und Papierfabrik Rosenthal GmbH & Company KG , and conducts its paper business through another subsidiary, Dresden Papier GmbH.
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