Swire traded at 101.20 this Friday October 2nd, decreasing 1.60 or 1.56 percent since the previous trading session. Looking back, over the last four weeks, Swire lost 2.97 percent. Over the last 12 months, its price rose by 56.54 percent. Looking ahead, we forecast Swire to be priced at 98.06 by the end of this quarter and at 89.22 in one year, according to Trading Economics global macro models projections and analysts expectations.
Swire Pacific Ltd is an investment holding company mainly engaged in the manufacture and sale of beverages. The Company operates its business through five segments. The Property segment is engaged in the property investment, hotel investment and property trading. The property investment portfolio comprises office and retail premises, serviced apartments and other luxury residential accommodation. The Beverages segment is engaged in the manufacture and distribution of products of The Coca-Cola Company (TCCC), including sparkling and water. The Aviation segment provides passenger services and cargo services through the operation of airlines. The Trading and Industrial segment retails and distributes footwear, apparel and related accessories, packages and sells sugar, operates bakery chains, and sells passenger cars, commercial vehicles, motorcycles and scooters. The Marine Services segment provides support services for offshore energy industry and operates windfarm installation business.