Barclays has revised its price target for ZIM Integrated Shipping Services Ltd. (ZIM, Financial), adjusting it downward from $13.50 to $12. The investment firm maintains its Underweight rating on the company's stock.
The decision reflects concerns stemming from ongoing global tariff challenges, which pose significant hurdles to international trade activities, according to Barclays' latest analysis. These tariffs remain a pronounced obstacle for shipping and logistics companies like ZIM, impacting their operational and financial performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for ZIM Integrated Shipping Services Ltd (ZIM, Financial) is $15.80 with a high estimate of $22.00 and a low estimate of $12.80. The average target implies an upside of 14.13% from the current price of $13.84. More detailed estimate data can be found on the ZIM Integrated Shipping Services Ltd (ZIM) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, ZIM Integrated Shipping Services Ltd's (ZIM, Financial) average brokerage recommendation is currently 3.8, indicating "Underperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for ZIM Integrated Shipping Services Ltd (ZIM, Financial) in one year is $13.86, suggesting a upside of 0.14% from the current price of $13.84. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the ZIM Integrated Shipping Services Ltd (ZIM) Summary page.
