Nampak Ltd traded at 47,500.00 this Friday June 5th, decreasing 600.00 or 1.25 percent since the previous trading session. Looking back, over the last four weeks, Nampak lost 4.04 percent. Over the last 12 months, its price fell by 5.94 percent. Looking ahead, we forecast Nampak Ltd to be priced at 46,957.68 by the end of this quarter and at 42,883.52 in one year, according to Trading Economics global macro models projections and analysts expectations.
Nampak Limited is a South Africa-based diversified packaging manufacturing company. The Company division include Metals, Paper and Plastics. Metal division produces aluminium and tinplate beverage cans for the alcoholic beverage, carbonated soft drink, fruit juice, energy drink, vegetable juice and ice tea markets. DivFood produces tinplate food cans for canned food market, paint and general line cans to the personal care, confectionery, industrial and paint markets. Paper produces paper sacks for the flour and sugar markets, cartons for the alcoholic beverage and dairy markets, corrugated boxes for the poultry, general food, tobacco and agricultural markets, as well as cartons for the tobacco market. Plastics produces HDPE and PET bottles, plastic closures, tubes, crates and drums suitable for the fruit juice, dairy, carbonated soft drink, water, alcoholic beverage, food, chemical, petroleum and household markets.