JP Morgan resumed coverage on ZIM Integrated Shipping with a new price target
$ZIM
Marine Transportation
Consumer Discretionary
JP Morgan resumed coverage of ZIM Integrated Shipping with a rating of Underweight and set a new price target of $10.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/20/2025 | $20.00 | Buy → Neutral | Clarksons Platou |
| 10/2/2024 | $25.00 | Buy → Hold | Jefferies |
| 9/10/2024 | $10.50 | Underweight | JP Morgan |
| 6/6/2024 | $13.00 | Neutral → Sell | Citigroup |
| 1/29/2024 | $14.00 → $20.00 | Hold → Buy | Jefferies |
| 11/17/2023 | Overweight → Neutral | JP Morgan | |
| 9/18/2023 | $15.40 | Neutral → Overweight | JP Morgan |
| 4/21/2023 | $27.00 → $20.80 | Overweight → Neutral | JP Morgan |
Reported Revenues of $2.01 Billion, Net Income of $296 million, Adjusted EBITDA1 of $779 Million and Adjusted EBIT1 of $463 Million2 Achieved 12% Volume Growth YOY with Carried Volume of 944 Thousand TEUs in Q1 2025 Reaffirmed Full Year 2025 Guidance of Adjusted EBITDA of $1.6 Billion to $2.2 Billion and Adjusted EBIT of $350 Million to $950 Million3 Declared Dividend of $89 million, or $0.74 per Share HAIFA, Israel, May 19, 2025 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) ("ZIM" or the "Company") announced today its consolidated results for the three months ended March 31, 2025. First Quarter 2025 Highlights Net income for the first quarter was $296 million (compared t
HAIFA, Israel, April 28, 2025 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today that the Company will release its first quarter 2025 financial results on Monday, May 19, 2025, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET. The call (and slide presentation) will be available via live webcast on ZIM's website, located at the following link. Following the conclusion of the call, a replay of the conference call will be available on the Company's website. About ZIM Founded in Israel in 1945, ZIM (NYSE:ZIM) is a leading gl
Continued Strategic Investment in Core LNG Capacity Enhances ZIM's Commercial Agility and Supports Long-Term Growth Strategy Vessels are Expected to be Delivered in 2027-2028 HAIFA, Israel, April 7, 2025 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today new agreements for the long-term charter of ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with total charter hire consideration of approximately $2.3 billion to serve across ZIM's various global trades. Seven of the vessels will be chartered to ZIM by Containers Ventures Holdings Inc., an affiliate of the TMS Group, and three will be chartered to ZIM by a shipping company that is aff
HAIFA, Israel, March 20, 2025 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place April 3, 2025, as previously announced by the Company on March 12, 2025 (the "Dividend"), the previously obtained tax ruling from the Israeli Tax Authority ("ITA") on tax withholding procedures relating to the payment of the Dividend to the Company's shareholders (the "Ruling"), will apply. As a result of the Ruling, certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli withholding tax rate with respect to t
HAIFA, Israel, Dec. 2, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby updates that in connection with the regular and special dividend distributions, both expected to take place on December 9, 2024, as previously announced by the Company on November 20, 2024 (the "Dividends"), the previously obtained tax ruling from the Israeli Tax Authority ("ITA") on tax withholding procedures relating to the payment of the Dividends to the Company's shareholders (the "Ruling"), will apply. As a result of the Ruling, certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli wi
VIRGINIA BEACH, Va., Nov. 14, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. a global leader in shipping and logistics, announced the launch of its new Employer Brand Campaign, an initiative aimed at attracting top talent to ZIM USA, headquartered in Virginia Beach. The campaign will showcase ZIM's corporate culture and the values that make it a unique and dynamic workplace within this vital and impactful industry. With campaign slogan- Hear the Difference. See the Difference. Be the Difference, ZIM recognizes the importance of its employer brand in attracting skil
Reported Revenues of $2.01 Billion, Net Income of $296 million, Adjusted EBITDA1 of $779 Million and Adjusted EBIT1 of $463 Million2 Achieved 12% Volume Growth YOY with Carried Volume of 944 Thousand TEUs in Q1 2025 Reaffirmed Full Year 2025 Guidance of Adjusted EBITDA of $1.6 Billion to $2.2 Billion and Adjusted EBIT of $350 Million to $950 Million3 Declared Dividend of $89 million, or $0.74 per Share HAIFA, Israel, May 19, 2025 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) ("ZIM" or the "Company") announced today its consolidated results for the three months ended March 31, 2025. First Quarter 2025 Highlights Net income for the first quarter was $296 million (compared t
HAIFA, Israel, April 28, 2025 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today that the Company will release its first quarter 2025 financial results on Monday, May 19, 2025, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET. The call (and slide presentation) will be available via live webcast on ZIM's website, located at the following link. Following the conclusion of the call, a replay of the conference call will be available on the Company's website. About ZIM Founded in Israel in 1945, ZIM (NYSE:ZIM) is a leading gl
Continued Strategic Investment in Core LNG Capacity Enhances ZIM's Commercial Agility and Supports Long-Term Growth Strategy Vessels are Expected to be Delivered in 2027-2028 HAIFA, Israel, April 7, 2025 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today new agreements for the long-term charter of ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with total charter hire consideration of approximately $2.3 billion to serve across ZIM's various global trades. Seven of the vessels will be chartered to ZIM by Containers Ventures Holdings Inc., an affiliate of the TMS Group, and three will be chartered to ZIM by a shipping company that is aff
Clarksons Platou downgraded ZIM Integrated Shipping from Buy to Neutral and set a new price target of $20.00
Jefferies downgraded ZIM Integrated Shipping from Buy to Hold and set a new price target of $25.00
JP Morgan resumed coverage of ZIM Integrated Shipping with a rating of Underweight and set a new price target of $10.50
6-K - ZIM Integrated Shipping Services Ltd. (0001654126) (Filer)
6-K - ZIM Integrated Shipping Services Ltd. (0001654126) (Filer)
6-K - ZIM Integrated Shipping Services Ltd. (0001654126) (Filer)
SC 13G - ZIM Integrated Shipping Services Ltd. (0001654126) (Subject)
SC 13G/A - ZIM Integrated Shipping Services Ltd. (0001654126) (Subject)
SC 13G - ZIM Integrated Shipping Services Ltd. (0001654126) (Subject)