What is the price prediction for zim

The price prediction for ZIM Integrated Shipping Services Ltd. (ZIM) is not very optimistic. Here's a detailed analysis:

1. Analyst Ratings and Price Targets:
   • The stock has received a consensus rating of "Hold" from analysts, with 4 analysts giving ratings in the past 3 months.
   • The average price target is $14.18, with a high forecast of $22.00 and a low forecast of $9.20. This represents a -21.70% change from the last price of $18.11.
2. Technical Indicators:
   • The MACD is at 0.13, indicating a slight bearish trend.
   • The KDJ is at 10.58, which is very low and could indicate an oversold condition.
   • The RSI is at 45.71, suggesting that the stock is neither overbought nor oversold.

3. Forecast Price:
   • The average price target from 5 analysts with a 12-month forecast is $14.01, with a low estimate of $7.80 and a high estimate of $25. This predicts a decrease of -29.88% from the current stock price of $19.98.
4. Market Sentiment:
   • The sentiment is moderately negative, with a Sell rating from 3 analysts and a Strong Sell rating from 2 analysts.
   • The stock has received 3 Buy Ratings, 0 Hold Ratings, and 5 Sell Ratings as of the latest data.

In conclusion, the price prediction for ZIM Integrated Shipping Services Ltd. is not favorable, with a potential for a significant downside from the current price. Investors should exercise caution and consider the risks associated with the stock's performance.