ZIM Integrated Shipping downgraded by Citigroup with a new price target
$ZIM
Marine Transportation
Consumer Discretionary
Citigroup downgraded ZIM Integrated Shipping from Neutral to Sell and set a new price target of $13.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 2/17/2023 | $17.60 → $30.40 | Neutral → Overweight | JP Morgan |
HAIFA, Israel, Oct. 30, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today that the Company will release its third quarter 2024 financial results on Wednesday, November 20, 2024, 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. To access the live conference call by telephone, please dial the following numbers: United States (TF) +1-800-715-9871 or +1-646-307-1963; Israel +972-3-376-1144 or UK/international +44-20-3481-4247, and reference conference ID: 1972775 or the conference name. The call (and slide presentatio
Announces New Installation of PickoBot™, Poised to Disrupt Autonomous Warehousing Ecosystem with Increased Efficiency and Reduced Costs PETAH TIKVA, Israel, Sept. 17, 2024 /PRNewswire/ -- Pickommerce, a warehouse automation innovator, announced today it has secured $3.4 million in funding to advance the development, production and marketing of its innovative PickoBot piece-picking robot. Pickommerce's technology is poised to disrupt the warehouse automation market, which is projected to grow at a CAGR of 53.4% and reach nearly $9 billion by 2029, according to research firm Mordor Intelligence. The funding round was led by IL Ventures, a fund focused on disruptive technologies for legacy indu
New Agreement which includes Six Asia to USEC and USGC Services is Scheduled to Commence in February 2025 HAIFA, Israel, Sept. 9, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), a global container liner shipping company, announced today that it has entered into a new long-term operational cooperation with Mediterranean Shipping Company (MSC) on the Asia - US East Coast and Asia - US Gulf trades. The new services are scheduled to be launched in February 2025, subject to regulatory approvals and filings. The proposed network under this cooperation agreement is designed to enable ZIM to provide its customers with extensive port coverage, further elevating ZIM's quality o
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
Citigroup downgraded ZIM Integrated Shipping from Neutral to Sell and set a new price target of $13.00
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)
HAIFA, Israel, Aug. 27, 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 dividend distribution expected to take place on September 5, 2024, as previously announced by the Company on August 19, 2024 (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 r
HAIFA, Israel, May 28, 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 dividend distribution expected to take place on June 11, 2024, as previously announced by the Company on May 21, 2024 (the "Dividend"), it had obtained an extension of its previously obtained tax ruling from the Israeli Tax Authority, or ITA, with respect to the tax withholding procedures relating to the payment of the Dividend to the Company's shareholders (the "Ruling"). As a result of the Ruling, certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli w
HAIFA, Israel, March 22, 2023 /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 on April 3, 2023, as previously announced by the Company on March 13, 2023 (the "Dividend"), it had obtained an extension of its previously obtained tax ruling from the Israeli Tax Authority, or ITA, with respect to the tax withholding procedures relating to the payment of the Dividend to the Company's shareholders (the "Ruling"). The Ruling will apply to this Dividend, and to any future dividend distributions to be made by the Company on or be
SC 13G/A - ZIM Integrated Shipping Services Ltd. (0001654126) (Subject)
SC 13G - ZIM Integrated Shipping Services Ltd. (0001654126) (Subject)
SC 13G/A - ZIM Integrated Shipping Services Ltd. (0001654126) (Subject)
Shares of Conagra Brands, Inc. (NYSE:CAG) fell during Thursday's session after the company reported worse-than-expected fourth-quarter sales results and issued FY25 adjusted EPS guidance below estimates. The company reported adjusted earnings per share of 61 cents, beating the analyst consensus estimate of 57 cents. Quarterly revenues of $2.905 billion missed the street view of $2.930 billion, according to data from Benzinga Pro. Conagra Brands shares declined 3.9% to $27.70 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Kazia Therapeutics Limited (NASDAQ:KZIA) shares surged 88.6% to $1.26. Kazia Therapeutics, on Wednesday, announced result
U.S. stock futures were lower this morning, with the Dow futures falling over 50 points on Thursday. Shares of Delta Air Lines, Inc. (NYSE:DAL) fell sharply in today's pre-market trading after the company posted downbeat second-quarter earnings and issued lower-than-expected third-quarter earnings outlook. Delta Air Lines reported quarterly earnings of $2.36 per share which missed the analyst consensus estimate of $2.37 per share. The company reported quarterly sales of $16.658 billion which beat the analyst consensus estimate of $15.452 billion, according to data from Benzinga Pro. Delta Air Lines shares fell 9% to $42.65 in the pre-market trading session. Here are some big stoc
HAIFA, Israel, Oct. 30, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today that the Company will release its third quarter 2024 financial results on Wednesday, November 20, 2024, 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. To access the live conference call by telephone, please dial the following numbers: United States (TF) +1-800-715-9871 or +1-646-307-1963; Israel +972-3-376-1144 or UK/international +44-20-3481-4247, and reference conference ID: 1972775 or the conference name. The call (and slide presentatio
Reported Revenues of $1.93 Billion, Net Income of $373 Million, Adjusted EBITDA1 of $766 Million and Adjusted EBIT of $488 Million2; Achieved Adjusted EBITDA and Adjusted EBIT Margins of 40% and 25%, Respectively Achieved 11% Volume Growth with Record Carried Volume of 952 Thousand TEUs Increased Full Year 2024 Guidance to Adjusted EBITDA of $2.6 Billion to $3.0 Billion and Adjusted EBIT of $1.45 Billion to $1.85 Billion3 Declared Dividend of $112 million, or $0.93 per Share HAIFA, Israel, Aug. 19, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), ("ZIM" or the "Company") a global container liner shipping company, announced today its consolidated results for the three an
HAIFA, Israel, July 29, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today that the Company will release its second quarter 2024 financial results on Monday, August 19, 2024, 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. To access the live conference call by telephone, please dial the following numbers: United States (TF) +1-800-715-9871 or +1-646-307-1963; Israel +972-3-376-1144 or UK/international +44-20-3481-4247, and reference conference ID: 3054682 or the conference name. The call (and slide presentation) w