ZIM Reports Financial Results for the Second Quarter of 2024; Raising Full Year 2024 Guidance

Go back to ZIM Reports Financial Results for the Second Quarter of 2024; Raising Full Year 2024 Guidance

Jefferies Reiterates Buy Rating on ZIM Integrated Shipping Services (ZIM)

August 19, 2024 9:29 AM EDT

Jefferies analyst Omar Nokta reiterated a Buy rating and $22.00 price target on ZIM Integrated Shipping Services (NYSE: ZIM).

The analyst comments "ZIM reported 2Q results that came in well-ahead of consensus and guided to much stronger full-year earnings than expected. Its revenues jumped... More

Citi Reiterates Sell Rating on ZIM Integrated Shipping Services (ZIM)

August 19, 2024 7:44 AM EDT

Citi analyst Sathish Sivakumar reiterated a Sell rating and $13.00 price target on ZIM Integrated Shipping Services (NYSE: ZIM).

The analyst comments "ZIM has reported Q2 results today. The company has reported an adjusted EBITDA of US$766mn (vs. consensus... More