ZIM Integrated Shipping Services Ltd (ZIM) Stock: Do Analysts Think You Should Accumulate?

Friday, May 27, 2022 03:25 PM | InvestorsObserver Analysts

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InvestorsObserver is giving ZIM Integrated Shipping Services Ltd (ZIM) an Analyst Rating Rank of 17, meaning ZIM is ranked higher by analysts than 17% of stocks. The average price target for ZIM is $68.52 and analyst’s rate the stock as a Buy.

Wall Street analysts are rating ZIM a Buy today. Find out what this means to you and get the rest of the rankings on ZIM!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With ZIM Integrated Shipping Services Ltd Stock Today?

ZIM Integrated Shipping Services Ltd (ZIM) stock is lower by -1.91% while the S&P 500 has risen 2.15% as of 3:24 PM on Friday, May 27. ZIM is lower by -$1.33 from the previous closing price of $69.55 on volume of 4,947,716 shares. Over the past year the S&P 500 has fallen -1.33% while ZIM has risen 51.63%. ZIM earned $47.96 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 1.42. Click Here to get the full Stock Report for ZIM Integrated Shipping Services Ltd stock.

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