JP Morgan Lowers ZIM Price Target to $8.70, Analyst Maintains "Underweight" Rating

JP Morgan lowers ZIM's price target to $8.70 from $9.70, marking a 10.31% decrease, maintaining its "Underweight" rating. Analysts maintain a cautious stance on ZIM's prospects, with a one-year price target average of $12.79 and a consensus recommendation of 3.9, indicating "Underperform" status. The estimated GF Value for ZIM in one year is $10.58, suggesting a 46.67% downside from the current price.