InvestorsObserver is giving ZIM Integrated Shipping Services Ltd (ZIM) an Analyst Rating Rank of 4, meaning ZIM is ranked higher by analysts than 4% of stocks. The average price target for ZIM is $58.26 and analyst’s rate the stock as a Hold.
Wall Street analysts are rating ZIM a Hold today. Find out what this means to you and get the rest of the rankings on ZIM!
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With ZIM Integrated Shipping Services Ltd Stock Today?
ZIM Integrated Shipping Services Ltd (ZIM) stock is trading at $49.71 as of 9:45 AM on Monday, Aug 15, a loss of -$2.10, or -4.04% from the previous closing price of $51.81. The stock has traded between $49.33 and $50.44 so far today. Volume today is light. So far 221,160 shares have traded compared to average volume of 2,840,619 shares.
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