Ratings Change: Is ZTO Express (ZTO) a Sell? Get to Know What JPMorgan Thinks

November 23, 2016 - By Adrian Mccoy

Ratings Change: Is ZTO Express (ZTO) a Sell? Get to Know What JPMorgan Thinks

How JPMorgan Rates ZTO Express (ZTO)

The firm JPMorgan has began coverage on ZTO Express (ZTO)‘s stock, rating it “Overweight”. This was issued to clients in a note on 23 November.

ZTO Express (Cayman) Inc (ADR) (NYSE:ZTO) Ratings Coverage

Out of 2 analysts covering ZTO Express (ZTO), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. ZTO Express has been the topic of 2 analyst reports since November 21, 2016 according to StockzIntelligence Inc. The stock has “Overweight” rating given by Morgan Stanley on Monday, November 21. The company was initiated on Monday, November 21 by Goldman Sachs.

About 341,736 shares traded hands. ZTO Express (Cayman) Inc (ADR) (ZTO) has risen 6.00% since October 24, 2016 and is uptrending. It has outperformed by 0.67% the S&P500.

ZTO Express Inc. is an express delivery firm in China. The company has a market cap of $10.47 billion. The Firm provides express delivery service through its nationwide network, as well as other value-added logistics services. It currently has negative earnings. The Firm provides its services for a range of online merchants and clients transacting on the Chinese e-commerce platforms, such as Alibaba and JD.com.

According to Zacks Investment Research, “ZTO Express Inc. is an express delivery company. It provides express delivery service through its nationwide network as well as other value-added logistics services. The Company offers route planning and optimization, waybill tracking system and transportation management system. ZTO Express Inc. is based in Shanghai, China.”

ZTO Company Profile

ZTO Express (Cayman) Inc. is an express delivery firm in China. The Firm provides express delivery service through its nationwide network, as well as other value-added logistics services. The Firm provides its services for a range of online merchants and clients transacting on the Chinese e-commerce platforms, such as Alibaba and JD.com.

More recent ZTO Express (Cayman) Inc (ADR) (NYSE:ZTO) news were published by: Marketwatch.com which released: “ZTO Express (Cayman) Inc. ADR” on October 06, 2016. Also Quotes.Wsj.com published the news titled: “DOW JONES, A NEWS CORP COMPANY” on October 25, 2016. Benzinga.com‘s news article titled: “Benzinga’s Top Initiations” with publication date: November 23, 2016 was also an interesting one.

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