ZIM get the upgrade from JP Mo

2022-06-19

ZIM get the upgrade from JP Morgan

ZIM Integrated Shipping Services (NYSE:ZIM) $ZIM Integrated Shipping Services Ltd.(ZIM)$stock rose over 6% on Friday, on track to post its third session of gains this week. JP Morgan upgraded the cargo shipping firm to Neutral from Underweight.

The brokerage also hiked its price target to $53.30 from $43.60, implying potential upside of 9.2% to its last close. But analyst Samuel Bland warned that the logistics sector is facing "asymmetric valuation risk".

Wall Street analysts on average rated ZIM Buy (3 rate ZIM Strong Buy, 3 Hold, 1 Sell), with an average PT of $79.76. ZIM declined ~12% YTD but gained ~16% in the last 1 year.

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Comments

Maria_yy
2022-06-20
Maria_yy
Your post is very inspiring to me. Thanks for sharing
TKY1978
2022-06-19
TKY1978
Just buy, this is a good stock
JonLucky
2022-06-19
JonLucky
Zimmering hot
AricLo
2022-06-19
AricLo
thanks for sharing
Wangal
2022-06-19
Wangal
👍
MarkN
2022-06-19
MarkN
ok

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ZIM declined ~12% YTD but gained ~16% in the last 1 year.</body></html>","htmlText":"<html><head></head><body>ZIM get the upgrade from JP MorganZIM Integrated Shipping Services (NYSE:ZIM) <a href=\"https://ttm.financial/S/ZIM\">$ZIM Integrated Shipping Services Ltd.(ZIM)$</a>stock rose over 6% on Friday, on track to post its third session of gains this week. JP Morgan upgraded the cargo shipping firm to Neutral from Underweight.The brokerage also hiked its price target to $53.30 from $43.60, implying potential upside of 9.2% to its last close. But analyst Samuel Bland warned that the logistics sector is facing \"asymmetric valuation risk\".Wall Street analysts on average rated ZIM Buy (3 rate ZIM Strong Buy, 3 Hold, 1 Sell), with an average PT of $79.76. 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