Reported about 24 hours ago
Bank of America Securities has reiterated a Sell rating on ZIM Integrated Shipping Services (NYSE:ZIM) with a price target of $14.80, citing expected declines in Transpacific freight rates due to industry oversupply and a lowering of the company's EBITDA estimate. While ZIM shows investment potential, analysts suggest considering alternative stocks with less risk and greater upside.
Source: YAHOO