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Barclays Sticks to Their Sell Rating for ZIM (ZIM)

Tipranks - Tipranks - Wed Mar 18, 2:31AM CDT

In a report released today, Marco Limite from Barclays maintained a Sell rating on ZIM, with a price target of $15.80.

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Limite covers the Industrials sector, focusing on stocks such as DHL Group, ZIM, and Kuehne + Nagel International AG. According to TipRanks, Limite has an average return of -3.9% and a 46.03% success rate on recommended stocks.

Currently, the analyst consensus on ZIM is a Hold with an average price target of $25.90.

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Based on ZIM’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.48 billion and a net profit of $38.1 million. In comparison, last year the company earned a revenue of $2.17 billion and had a net profit of $561.5 million

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