Citigroup Inc. Begins Coverage on ZTO Express (Cayman) Inc (ZTO)
Investment analysts at Citigroup Inc. initiated coverage on shares of ZTO Express (Cayman) Inc (NYSE:ZTO) in a research report issued to clients and investors on Monday. The firm set a “buy” rating on the stock.
Shares of ZTO Express (NYSE:ZTO) opened at 16.30 on Monday. ZTO Express has a 1-year low of $14.15 and a 1-year high of $18.45. The stock’s 50 day moving average price is $15.41 and its 200-day moving average price is $15.41. The stock has a market cap of $10.08 billion and a price-to-earnings ratio of 44.17.
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