Sappi Ltd traded at 967.00 this Thursday July 2nd, increasing 49.00 or 5.34 percent since the previous trading session. Looking back, over the last four weeks, Sappi gained 20.41 percent. Over the last 12 months, its price fell by 67.95 percent. Looking ahead, we forecast Sappi Ltd to be priced at 902.05 by the end of this quarter and at 820.48 in one year, according to Trading Economics global macro models projections and analysts expectations.
Sappi Limited is a woodfiber company focused on providing graphic/printing papers, packaging and specialty papers, dissolving wood pulp (DWP), as well as products in adjacent fields, including nanocellulose and lignosulfonate. The Company's segments include North America, Europe and Southern Africa. Its range of graphic paper products is used by printers in the production of books, brochures, magazines, catalogues, direct mail and various other print applications; packaging and specialty papers are used in the manufacture of such products as soup sachets, carry bags, cosmetic and confectionery packaging, boxes for agricultural products for export, tissue wadding for household tissue products and casting release papers used by suppliers to the fashion, textiles, automobile and household industries, and DWP products are used around the world by converters to create viscose fiber for clothing and textiles, pharmaceutical products, as well as a range of consumer and household products.