Barclays raised the firm’s price target on ZIM Integrated (ZIM) to $13.70 from $13.30 and keeps an Underweight rating on the shares as part of a Q4 earnings preview. ZIM might report numbers above guidance, the analyst tells investors in a research note. Barclays believes the fiscal 2026 outlooks for the shippers are likely to be conservative to reflect a possible Red Sea reopening.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZIM:
