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

$20.41
+1.29 (+6.75%)
(As of 09/19/2024 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

Based on 5 Wall Street analysts who have issued ratings for ZIM Integrated Shipping Services in the last 12 months, the stock has a consensus rating of "Sell." Out of the 5 analysts, 4 have given a sell rating, and 1 has given a buy rating for ZIM.

Consensus Price Target

$14.84
-27.29% Downside
High Forecast$22.00
Average Forecast$14.84
Low Forecast$10.50

According to the 5 analysts' twelve-month price targets for ZIM Integrated Shipping Services, the average price target is $14.84. The highest price target for ZIM is $22.00, while the lowest price target for ZIM is $10.50. The average price target represents a forecasted downside of -27.29% from the current price of $20.41.

TypeCurrent Forecast
9/20/23 to 9/19/24
1 Month Ago
8/21/23 to 8/20/24
3 Months Ago
6/22/23 to 6/21/24
1 Year Ago
9/20/22 to 9/20/23
Consensus Rating
Sell
Reduce
Reduce
Hold
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)
1 Buy rating(s)
Hold
0 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
4 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$14.84$12.41$12.01$17.25
Forecasted Upside-27.29% Downside-25.13% Downside-26.85% Downside20.68% Upside

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
1.40
2.55
2.50
Consensus RatingSellModerate BuyModerate Buy
Predicted Upside-27.29% Downside29.02% Upside6.71% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/10/2024JPMorgan Chase & Co.
3 of 5 stars
 Reiterated RatingUnderweight$10.50-35.62%
8/28/2024Bank of America
4 of 5 stars
 Boost TargetUnderperform ➝ Underperform$12.20 ➝ $13.70-31.43%
8/23/2024Barclays
3 of 5 stars
 Boost TargetUnderweight ➝ Underweight$12.50 ➝ $15.00-27.82%
8/19/2024Jefferies Financial Group
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 Reiterated RatingBuy ➝ Buy$22.00 ➝ $22.00+15.42%
6/6/2024Citigroup
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 DowngradeNeutral ➝ Sell$11.60 ➝ $13.00-45.37%
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 Thursday at 06:17 PM ET.

ZIM Forecast - Frequently Asked Questions

What is ZIM Integrated Shipping Services' forecast for 2024?

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 $14.84, with a high forecast of $22.00 and a low forecast of $10.50.

Should I buy or sell ZIM Integrated Shipping Services stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ZIM Integrated Shipping Services in the last twelve months. There are currently 4 sell ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong sell" ZIM shares.

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 -25.74% 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 Bank of America, Barclays, Jefferies Financial Group, and JPMorgan Chase & Co. in the past 90 days.

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 Sell while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how ZIM compares to other companies.



This page (NYSE:ZIM) was last updated on 9/19/2024 by MarketBeat.com Staff
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