Sappi Ltd. (OTCMKTS:SPPJY) Rating Lowered to Hold at ValuEngine

ValuEngine downgraded shares of Sappi Ltd. (OTCMKTS:SPPJY) from a buy rating to a hold rating in a research report sent to investors on Tuesday, August 1st.

Separately, Zacks Investment Research downgraded Sappi from a buy rating to a sell rating in a research note on Thursday, June 22nd.

Sappi (OTCMKTS:SPPJY) opened at 6.405 on Tuesday. Sappi has a 1-year low of $4.69 and a 1-year high of $7.97. The firm has a market capitalization of $3.43 billion, a PE ratio of 10.023 and a beta of 0.95. The firm has a 50-day moving average price of $6.68 and a 200-day moving average price of $6.85.

Sappi (OTCMKTS:SPPJY) last posted its quarterly earnings data on Thursday, August 3rd. The basic materials company reported $0.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.01. Sappi had a return on equity of 23.55% and a net margin of 6.66%. The firm had revenue of $1.26 billion during the quarter. Equities analysts expect that Sappi will post $0.58 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Sappi Ltd. (OTCMKTS:SPPJY) Rating Lowered to Hold at ValuEngine” was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this report can be accessed at

Sappi Company Profile

To view ValuEngine’s full report, visit ValuEngine’s official website.

What are top analysts saying about Sappi Ltd.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Sappi Ltd. and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit