Jefferies slashes Zim’s price target in half over impending rates weakness

But ‘hold’ rating maintained as Israeli liner company should have plenty of cash to see it through market correction

Jefferies lead shipping analyst Omar Nokta is taking down his numbers for Israeli liner giant Zim.
Jefferies lead shipping analyst Omar Nokta is taking down his numbers for Israeli liner giant Zim.Photo: Joe Brady
Published 7 October 2022, 15:38Updated 7 October 2022, 15:38
ZimJefferiesOmar Nokta