JPMorgan Chase & Co. assumed coverage on shares of ZTO Express (Cayman) Inc (NYSE:ZTO) in a research report report published on Wednesday. The firm issued an overweight rating and a $19.00 price target on the stock.

Several other research firms also recently weighed in on ZTO. Morgan Stanley started coverage on shares of ZTO Express (Cayman) in a research note on Monday. They issued an overweight rating and a $20.00 price target for the company. Goldman Sachs Group Inc. started coverage on shares of ZTO Express (Cayman) in a research note on Monday. They issued a buy rating and a $19.00 price target for the company. Finally, Citigroup Inc. started coverage on shares of ZTO Express (Cayman) in a research note on Monday. They issued a buy rating and a $20.00 price target for the company.

Shares of ZTO Express (NYSE:ZTO) opened at 15.32 on Wednesday. ZTO Express has a 52 week low of $14.15 and a 52 week high of $18.45. The firm has a market capitalization of $9.47 billion and a P/E ratio of 41.41. The stock has a 50 day moving average price of $15.46 and a 200 day moving average price of $15.46.

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5 Day Chart for NYSE:ZTO

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