RBC Capital Reiterates $17.0 Target On Mercer International (MERC), Reiterates “Buy” Rating; Michael Kors Holdings LTD Has 0.94 Sentiment

Among 6 analysts covering Mercer Intl (NASDAQ:MERC), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Mercer Intl has $16.0 highest and $10 lowest target. $14.33’s average target is -2.85% below currents $14.75 stock price. Mercer Intl had 16 analyst reports since August 26, 2015 according to SRatingsIntel. The firm has “Hold” rating by Standpoint Research given on Monday, January 23. The firm has “Outperform” rating given on Wednesday, January 27 by Raymond James. RBC Capital Markets upgraded Mercer International Inc. (NASDAQ:MERC) on Thursday, October 19 to “Outperform” rating. The company was downgraded on Friday, April 29 by TD Securities. Credit Suisse downgraded the stock to “Neutral” rating in Friday, October 27 report. On Monday, November 2 the stock rating was upgraded by Credit Suisse to “Outperform”. RBC Capital Markets maintained the shares of MERC in report on Sunday, October 29 with “Buy” rating. RBC Capital Markets maintained the shares of MERC in report on Tuesday, February 16 with “Outperform” rating. Standpoint Research initiated the shares of MERC in report on Tuesday, April 26 with “Buy” rating. The rating was upgraded by TD Securities to “Buy” on Friday, September 11.

Michael Kors Holdings Limited design, markets, distributes, and retails branded womenÂ’s apparel and accessories, and menÂ’s apparel. The company has market cap of $9.92 billion. The firm operates in three divisions: Retail, Wholesale, and Licensing. It has a 18.14 P/E ratio. The Retail segment is involved in the sale of womenÂ’s apparel; men's apparel; accessories, which include handbags and small leather goods, such as wallets; footwear; and licensed products comprising watches, jewelry, fragrances, beauty products, and eyewear.

The stock increased 2.61% or $0.38 during the last trading session, reaching $14.75. About 124,842 shares traded. Mercer International Inc. (NASDAQ:MERC) has risen 25.28% since January 13, 2017 and is uptrending. It has outperformed by 8.58% the S&P500.

Since August 2, 2017, it had 4 insider buys, and 18 insider sales for $29.83 million activity. KELLOGG PETER R had bought 10,514 shares worth $137,569. LEE JIMMY S H sold $347,102 worth of stock or 25,000 shares. 12,000 shares valued at $171,673 were sold by GANDOSSI DAVID M on Wednesday, January 3. 4,560 shares were sold by Shepherd James, worth $49,729 on Wednesday, August 2. Another trade for 5,000 shares valued at $54,800 was made by Lauritzen Eric on Monday, August 21.

Mercer International Inc., together with its subsidiaries, makes and sells northern bleached softwood Kraft pulp worldwide. The company has market cap of $958.44 million. It produces NBSK pulp principally from wood chips and pulp logs; and tall oil for use as a chemical additive and green energy source, as well as carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste. It has a 20.23 P/E ratio. The firm sells its pulp to tissue, specialty papers, and printing and writing paper manufacturers; and green energy to third party utilities.

Investors sentiment increased to 1.4 in 2017 Q3. Its up 0.09, from 1.31 in 2017Q2. It improved, as 13 investors sold Mercer International Inc. shares while 22 reduced holdings. 15 funds opened positions while 34 raised stakes. 50.69 million shares or 1.57% less from 51.50 million shares in 2017Q2 were reported. Teachers Insurance Annuity Association Of America accumulated 54,578 shares. Gsa Capital Prtn Llp owns 0.08% invested in Mercer International Inc. (NASDAQ:MERC) for 103,673 shares. First Advsr Ltd Partnership invested 0% in Mercer International Inc. (NASDAQ:MERC). Wellington Mgmt Grp Inc Limited Liability Partnership has 25,106 shares. Credit Suisse Ag stated it has 51,572 shares or 0% of all its holdings. Moreover, Northern Trust Corp has 0% invested in Mercer International Inc. (NASDAQ:MERC) for 1.29 million shares. Hartford Financial Mgmt, a Connecticut-based fund reported 4,500 shares. Evercore Wealth Mgmt has 4,750 shares. Wells Fargo And Mn has 571,019 shares. Morgan Stanley holds 379,989 shares. Guggenheim Ltd stated it has 0% in Mercer International Inc. (NASDAQ:MERC). Macquarie Gru reported 0% in Mercer International Inc. (NASDAQ:MERC). Bridgeway Capital Management Inc holds 0.05% or 386,200 shares in its portfolio. Geode Cap Mngmt Ltd Liability Corporation holds 362,495 shares. Eqis invested in 0.01% or 11,943 shares.

Analysts await Michael Kors Holdings Limited (NYSE:KORS) to report earnings on February, 6. They expect $1.26 EPS, down 23.17% or $0.38 from last year’s $1.64 per share. KORS’s profit will be $191.61 million for 12.94 P/E if the $1.26 EPS becomes a reality. After $1.33 actual EPS reported by Michael Kors Holdings Limited for the previous quarter, Wall Street now forecasts -5.26% negative EPS growth.

The stock increased 1.24% or $0.8 during the last trading session, reaching $65.24. About 1.20M shares traded. Michael Kors Holdings Limited (KORS) has declined 10.54% since January 13, 2017 and is downtrending. It has underperformed by 27.24% the S&P500.

Arga Investment Management Lp holds 7.98% of its portfolio in Michael Kors Holdings Limited for 1.41 million shares. Flossbach Von Storch Ag owns 11.75 million shares or 5.87% of their US portfolio. Moreover, Wilsey Asset Management Inc has 5.21% invested in the company for 168,862 shares. The New York-based Lipe & Dalton has invested 2.92% in the stock. Contrarius Investment Management Ltd, a Jersey-based fund reported 702,327 shares.