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ZIM Integrated Shipping Services (ZIM) Stock Forecast & Price Target

$22.17
+0.45 (+2.07%)
(As of 06/28/2024 08:57 PM ET)

ZIM Integrated Shipping Services - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$12.01
-45.83% Downside
High Forecast$20.00
Average Forecast$12.01
Low Forecast$7.80
TypeCurrent Forecast
7/2/23 to 7/1/24
1 Month Ago
6/2/23 to 6/1/24
3 Months Ago
4/3/23 to 4/2/24
1 Year Ago
7/2/22 to 7/2/23
Consensus Rating
Reduce
Reduce
Reduce
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
3 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$12.01$11.76$10.51$19.20
Forecasted Upside-45.83% Downside-19.30% Downside14.88% Upside-3.92% Downside

ZIM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ZIM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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ZIM Integrated Shipping Services Stock vs. The Competition

TypeZIM Integrated Shipping ServicesTransportation CompaniesS&P 500
Consensus Rating Score
1.60
2.52
2.50
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside-45.83% Downside33.24% Upside11.51% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/6/2024Citigroup
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 DowngradeNeutral ➝ Sell$11.60 ➝ $13.00-45.37%
5/28/2024Barclays
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 Boost TargetUnderweight ➝ Underweight$5.00 ➝ $10.00-52.47%
5/22/2024Jefferies Financial Group
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 Reiterated RatingBuy ➝ Buy$20.00 ➝ $20.00+9.41%
3/22/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$9.30 ➝ $9.25-3.95%
3/19/2024Bank of America
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 Lower TargetUnderperform ➝ Underperform$11.00 ➝ $7.80-16.58%
6/27/202322nd Century Group
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 Reiterated RatingMaintains
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6/27/202351job
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 Reiterated RatingMaintains
9/20/2022The Goldman Sachs Group
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 Lower Target$60.00 ➝ $30.00+4.17%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 03:19 AM ET.

ZIM Forecast - Frequently Asked Questions

What is ZIM Integrated Shipping Services's stock forecast and purchase recommendation?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for ZIM Integrated Shipping Services is $12.01, with a high forecast of $20.00 and a low forecast of $7.80. The consensus rating for ZIM Integrated Shipping Services stock is Reduce based on the current 3 sell ratings, 1 hold rating and 1 buy rating for ZIM. Learn more on ZIM's analyst rating history.

Do Wall Street analysts like ZIM Integrated Shipping Services more than its competitors?

Analysts like ZIM Integrated Shipping Services less than other "transportation" companies. The consensus rating for ZIM Integrated Shipping Services is Reduce while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how ZIM compares to other companies.

Is ZIM Integrated Shipping Services being downgraded by Wall Street analysts?

Over the previous 90 days, ZIM Integrated Shipping Services's stock had 1 downgrade by analysts.

Does ZIM Integrated Shipping Services's stock price have much downside?

According to analysts, ZIM Integrated Shipping Services's stock has a predicted downside of -26.85% based on their 12-month stock forecasts.

What analysts cover ZIM Integrated Shipping Services?

ZIM Integrated Shipping Services has been rated by research analysts at Barclays, Citigroup, and Jefferies Financial Group in the past 90 days.


This page (NYSE:ZIM) was last updated on 7/1/2024 by MarketBeat.com Staff

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