Key Takeaways:
- ZIM Integrated Shipping maintains its annual adjusted EBITDA outlook, showcasing resilience in global trade.
- Analysts predict a potential downside of 17.01%, with a price target average of $15.21.
- The stock is currently rated as "Underperform" by brokers, with an estimated GF Value implying further downside.
ZIM Integrated Shipping (ZIM, Financial) has reported its first-quarter results while maintaining its annual adjusted EBITDA outlook. This consistent performance underscores its potential amidst shifting global trade dynamics, highlighting its position as a resilient force within the shipping industry.
Wall Street Analysts Forecast
The consensus among six analysts reveals an average one-year price target of $15.21 for ZIM Integrated Shipping Services Ltd (ZIM, Financial). This includes a high estimate of $22.00 and a low of $12.00. The average target suggests a potential downside of 17.01% from its current trading price of $18.33. For more detailed estimates, you can visit the ZIM Integrated Shipping Services Ltd (ZIM) Forecast page.
Furthermore, eight brokerage firms have collectively assigned ZIM Integrated Shipping an average recommendation rating of 3.8, indicating an "Underperform" status. This rating is part of a scale where 1 indicates a Strong Buy, and 5 represents a Sell.
According to GuruFocus estimates, the GF Value for ZIM Integrated Shipping Services Ltd (ZIM, Financial) is projected to be $13.70 within a year. This projection implies a downside of 25.26% from the current price of $18.33. The GF Value is GuruFocus' assessment of the fair stock value based on historical trading multiples, past business growth, and future business performance estimates. For a more in-depth analysis, refer to the ZIM Integrated Shipping Services Ltd (ZIM) Summary page.
