ZTO Express (Cayman) Inc has a consensus price target of $31.76 based on the ratings of 9 analysts. The high is $42 issued by Goldman Sachs on April 25, 2023. The low is $21.2 issued by Macquarie on June 26, 2024. The 3 most-recent analyst ratings were released by Macquarie, B of A Securities, and HSBC on June 26, 2024, June 17, 2024, and March 21, 2024, respectively. With an average price target of $26.03 between Macquarie, B of A Securities, and HSBC, there's an implied 31.81% upside for ZTO Express (Cayman) Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/26/2024 | Buy Now | 7.34% | Macquarie | Ellie Jiang | → $21.2 | Downgrade | Outperform → Neutral | Get Alert |
06/17/2024 | Buy Now | 36.2% | B of A Securities | Fan Tso | $25.2 → $26.9 | Maintains | Buy | Get Alert |
03/21/2024 | Buy Now | 51.9% | HSBC | Parash Jain | $32 → $30 | Maintains | Buy | Get Alert |
03/21/2024 | Buy Now | 51.9% | JP Morgan | Lin Chen | $37 → $30 | Maintains | Overweight | Get Alert |
03/21/2024 | Buy Now | 46.84% | B of A Securities | Fan Tso | $22 → $29 | Upgrade | Neutral → Buy | Get Alert |
11/07/2023 | Buy Now | 41.77% | B of A Securities | Fan Tso | $34 → $28 | Downgrade | Buy → Neutral | Get Alert |
08/31/2023 | Buy Now | 56.96% | Bernstein | — | $36 → $31 | Maintains | Outperform | Get Alert |
05/19/2023 | Buy Now | 97.47% | B of A Securities | Fan Tso | $36 → $39 | Maintains | Buy | Get Alert |
04/25/2023 | Buy Now | 112.66% | Goldman Sachs | Ronald Keung | $37 → $42 | Upgrade | Neutral → Buy | Get Alert |
03/17/2023 | Buy Now | 82.28% | HSBC | Parash Jain | $33 → $36 | Maintains | Buy | Get Alert |
11/23/2022 | Buy Now | 66.08% | Citigroup | Lu Xu | $40.3 → $32.8 | Maintains | Buy | Get Alert |
08/19/2022 | Buy Now | 77.22% | JP Morgan | Lin Chen | $27 → $35 | Upgrade | Neutral → Overweight | Get Alert |
03/18/2022 | Buy Now | 100.51% | Citigroup | Lu Xu | $40.9 → $39.6 | Maintains | Buy | Get Alert |
11/18/2021 | Buy Now | 103.54% | Macquarie | — | — | Upgrade | Neutral → Outperform | Get Alert |
11/18/2021 | Buy Now | 82.28% | B of A Securities | Fan Tso | — | Upgrade | Neutral → Buy | Get Alert |
10/20/2021 | Buy Now | — | Goldman Sachs | — | — | Downgrade | Buy → Neutral | Get Alert |
The latest price target for ZTO Express (Cayman) (NYSE:ZTO) was reported by Macquarie on June 26, 2024. The analyst firm set a price target for $21.20 expecting ZTO to rise to within 12 months (a possible 3.21% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for ZTO Express (Cayman) (NYSE:ZTO) was provided by Macquarie, and ZTO Express (Cayman) downgraded their neutral rating.
The last upgrade for ZTO Express (Cayman) Inc happened on March 21, 2024 when B of A Securities raised their price target to $29. B of A Securities previously had a neutral for ZTO Express (Cayman) Inc.
The last downgrade for ZTO Express (Cayman) Inc happened on June 26, 2024 when Macquarie changed their price target from N/A to $21.2 for ZTO Express (Cayman) Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ZTO Express (Cayman), and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for ZTO Express (Cayman) was filed on June 26, 2024 so you should expect the next rating to be made available sometime around June 26, 2025.
While ratings are subjective and will change, the latest ZTO Express (Cayman) (ZTO) rating was a downgraded with a price target of $0.00 to $21.20. The current price ZTO Express (Cayman) (ZTO) is trading at is $20.54, which is within the analyst’s predicted range.
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