The ZIM Integrated Shipping Services Ltd. (ZIM) share price is expected to decrease by 11.6% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered ZIM. Price targets range from $10 at the low end to $28 at the high end. The current analyst consensus for ZIM is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 7 Wall Street analysts have assignedZIM 0 buy ratings, 2 hold ratings, and 5 sell ratings. This means that analysts expect ZIM Integrated Shipping Services Ltd. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ZIM. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ZIM.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Alexia Dogani Barclays | Underweight | $16.5 | Maintains | Nov 25, 2024 |
Omar Nokta Jefferies | Hold | $28 | Maintains | Nov 21, 2024 |
Omar Nokta Jefferies | Hold | $25 | Maintains | Nov 20, 2024 |
Alexia Dogani Barclays | Underweight | $13.9 | Maintains | Oct 23, 2024 |
Omar Nokta Jefferies | Hold | $25 | Downgrade | Oct 2, 2024 |
Alexia Dogani JP Morgan | Underweight | $10.5 | Reinstates | Sep 10, 2024 |
Muneeba Kayani B of A Securities | Underperform | $13.7 | Maintains | Aug 28, 2024 |
Alexia Dogani Barclays | Underweight | $15 | Maintains | Aug 23, 2024 |
Omar Nokta Jefferies | Buy | $25 | Maintains | Aug 20, 2024 |
Omar Nokta Jefferies | Buy | $22 | Maintains | Aug 19, 2024 |
Sathish Sivakumar Citigroup | Sell | $13 | Downgrade | Jun 6, 2024 |
Alexia Dogani Barclays | Underweight | $10 | Maintains | May 28, 2024 |
Omar Nokta Jefferies | Buy | $20 | Maintains | May 22, 2024 |
Samuel Bland JP Morgan | Neutral | $9.25 | Maintains | Mar 22, 2024 |
Muneeba Kayani B of A Securities | Underperform | $7.8 | Maintains | Mar 19, 2024 |
Omar Nokta Jefferies | Buy | $20 | Reiterates | Mar 13, 2024 |
Omar Nokta Jefferies | Buy | $20 | Upgrade | Jan 29, 2024 |
Muneeba Kayani B of A Securities | Underperform | $10.5 | Maintains | Jan 4, 2024 |
Alexia Dogani Barclays | Underweight | $5 | Maintains | Dec 5, 2023 |
Samuel Bland JP Morgan | Neutral | $6.2 | Downgrade | Nov 17, 2023 |
When did it IPO
2003
Staff Count
4,778
Country
Israel
Sector/Industry
Industrials/Marine Shipping
CEO
Mr. Eliyahu Glickman
Market Cap
$2.45B
In 2023, ZIM generated $5.16B in revenue, which was a decrease of -58.90% from the previous year. This can be seen as a signal that ZIM's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - ZIM's stock has surged 112.3% due to rising freight rates amid the Red Sea conflict, improving net incomes, and dividends, with FQ4'24 expected to be strong.
Why It Matters - ZIM's stock surge reflects strong financials driven by rising freight rates and dividends, indicating potential for continued growth, appealing to high-risk, dividend-focused investors.
Summary - ZIM Integrated Shipping Services reports increased sea freight rates, raising 2024 EBIT forecasts. Stock trades at a 40% discount to book value, indicating potential for re-rating and strong dividends.
Why It Matters - ZIM's rising sea freight rates and increased EBIT forecast signal strong profitability, enhancing dividend prospects, while trading at a 40% discount to book value suggests significant upside potential.
Summary - SEZL, PI, and ZIM are experiencing a short-term price pullback, presenting potential investment opportunities.
Why It Matters - SEZL, PI, and ZIM experiencing a price pullback may present buying opportunities for investors looking to capitalize on potential rebounds.
Summary - ZIM Integrated Shipping Services Ltd. will distribute regular and special dividends on December 9, 2024, with tax withholding procedures confirmed by the Israeli Tax Authority.
Why It Matters - ZIM's upcoming dividend distributions, confirmed by a tax ruling, indicate strong financial health and commitment to returning value to shareholders, which can attract investor interest and potentially boost stock price.
Summary - ZIM reported positive revenues and increased carried volumes, indicating strong performance. The company is also recognized for its shareholder-friendly initiatives.
Why It Matters - Strong revenues and carried volumes indicate ZIM's growth potential, while a shareholder-friendly approach may enhance investor confidence and drive stock performance.
Summary - The P/B ratio indicates undervalued stocks with growth potential. Notable examples include GM, SEM, AXS, ZIM, and PFE.
Why It Matters - The mention of low P/B ratio stocks with growth potential signals investment opportunities, potentially leading to higher returns for those looking to capitalize on undervalued assets.