Analyst Ratings for ZIM Integrated Shipping
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 Wall Street analysts have provided ratings for ZIM Integrated Shipping (NYSE:ZIM), with an average 12-month price target of $11.72, a decrease of 4.95% from the previous target of $12.33. The ratings include 2 somewhat bullish, 1 indifferent, and 1 somewhat bearish. No fully bullish or bearish ratings were given. Analysts predict stock performance based on company financials, meetings, and insider communications, updating their ratings quarterly or after major company updates.
November 16, 2023 | 2:00 pm
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NEUTRAL IMPACT
Analysts have set an average price target of $11.72 for ZIM Integrated Shipping, reflecting a 4.95% decrease from the previous target. The mixed ratings suggest a cautious outlook from the analysts.
The average price target for ZIM has been lowered, indicating a negative revision in analysts' expectations. However, the presence of both somewhat bullish and somewhat bearish ratings, along with one indifferent, suggests a lack of consensus, which could lead to a neutral short-term impact on the stock price as the market digests the mixed signals.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100