Sappi Ltd. (OTCMKTS:SPPJY) Downgraded by ValuEngine

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

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

Sappi (SPPJY) traded up 0.0000% on Tuesday, reaching $6.4401. The company’s stock had a trading volume of 1,533 shares. The stock’s 50 day moving average is $6.64 and its 200-day moving average is $6.85. Sappi has a 52 week low of $4.69 and a 52 week high of $7.97. The firm has a market capitalization of $3.44 billion, a PE ratio of 10.0784 and a beta of 0.95.

Sappi (OTCMKTS:SPPJY) last issued its quarterly earnings results on Thursday, August 3rd. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. Sappi had a return on equity of 22.73% and a net margin of 6.66%. The firm had revenue of $1.26 billion for the quarter. Analysts predict that Sappi will post $0.58 EPS for the current year.

COPYRIGHT VIOLATION WARNING: “Sappi Ltd. (OTCMKTS:SPPJY) Downgraded by ValuEngine” was posted by Community Financial News and is the property of of Community Financial News. If you are accessing this story on another site, it was illegally copied and republished in violation of international copyright law. The correct version of this story 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