Trading Report: Today, ZTO Express (Cayman) Inc (ZTO) Now Covered by Analysts at Morgan Stanley

Today, ZTO Express (Cayman) Inc (ZTO) Now Covered by Analysts at Morgan Stanley

Morgan Stanley began coverage on shares of ZTO Express (Cayman) Inc (NYSE:ZTO) in a report released on Monday morning. The firm issued an overweight rating and a $20.00 target price on the stock.

Several other research firms also recently issued reports on ZTO. Goldman Sachs Group Inc. assumed coverage on ZTO Express (Cayman) in a report on Monday. They issued a buy rating and a $19.00 price objective on the stock. Citigroup Inc. assumed coverage on ZTO Express (Cayman) in a report on Monday. They issued a buy rating and a $20.00 price objective on the stock.

ZTO Express (NYSE:ZTO) opened at 15.32 on Monday. The stock has a market capitalization of $9.47 billion and a PE 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. ZTO Express has a 52 week low of $14.15 and a 52 week high of $18.45.

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