Analysts show mixed views on ZIM Integrated Shipping stock as price targets decline

In the past three months, six analysts have rated ZIM Integrated Shipping, showing a mix of opinions. Currently, there are two indifferent ratings and four somewhat bearish ratings. This contrasts with the previous month, which had one somewhat bearish rating. The average 12-month price target for ZIM is now $17.18, down from $17.40. Analysts have set a high estimate of $25.00 and a low of $10.50. Recent adjustments include a raise from Barclays and a new underweight rating from JP Morgan. Analysts frequently update their ratings based on market conditions. ZIM's financial performance shows strong revenue growth but challenges with profitability, indicated by a net margin below industry averages.