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ZTO Express (ZTO) Gets a Buy from Bank of America Securities
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ZTO Express (ZTO) Gets a Buy from Bank of America Securities

Bank of America Securities analyst Fan Tso reiterated a Buy rating on ZTO Express (ZTOResearch Report) yesterday and set a price target of $34.00. The company’s shares closed yesterday at $24.49.

According to TipRanks, Tso is ranked #6929 out of 8477 analysts.

ZTO Express has an analyst consensus of Strong Buy, with a price target consensus of $32.50, which is a 32.71% upside from current levels. In a report released today, Bernstein also maintained a Buy rating on the stock with a $31.00 price target.

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The company has a one-year high of $30.05 and a one-year low of $16.07. Currently, ZTO Express has an average volume of 2.41M.

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ZTO Express (Cayman) Inc. is a China-based express delivery services company. The firm provides domestic and international express delivery as well as other value-added logistics services.

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