ZTO Express (Cayman) Inc (ZTO) Receives New Coverage from Analysts at Morgan Stanley
Morgan Stanley assumed coverage on shares of ZTO Express (Cayman) Inc (NYSE:ZTO) in a report published on Monday morning. The brokerage issued an overweight rating and a $20.00 target price on the stock.
Several other research analysts have also commented on ZTO. Citigroup Inc. started coverage on ZTO Express (Cayman) in a research report on Monday. They set a buy rating and a $20.00 price target for the company. Goldman Sachs Group Inc. began coverage on ZTO Express (Cayman) in a report on Monday. They issued a buy rating and a $19.00 target price for the company.
ZTO Express (NYSE:ZTO) opened at 15.89 on Monday. The company has a market capitalization of $9.83 billion and a price-to-earnings ratio of 42.95. The stock has a 50 day moving average price of $15.49 and a 200 day moving average price of $15.49. ZTO Express has a 52-week low of $14.15 and a 52-week high of $18.45.
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