Sappi Ltd. (OTCMKTS:SPPJY – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $0.9366, but opened at $1.05. Sappi shares last traded at $1.05, with a volume of 8,330 shares.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Sappi from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
Check Out Our Latest Research Report on SPPJY
Sappi Price Performance
Sappi Company Profile
Sappi Limited, trading on the OTCMKTS as SPPJY, is a global pulp and paper company headquartered in Johannesburg, South Africa. Originally established in 1936 as South African Pulp and Paper Industries, Sappi has grown into a diversified manufacturer of dissolving wood pulp, graphic papers, packaging and specialty papers. The company serves customers in over 150 countries and operates a network of mills and sales offices across three key regions: Europe, North America and South Africa.
Sappi’s product portfolio is organized into several main categories.
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