Huatai Securities Sticks to Its Buy Rating for ZTO Express (Cayman), Inc. Class A (2057)

Huatai Securities analyst maintained a Buy rating on ZTO Express (Cayman), Inc. Class A yesterday and set a price target of HK$239.80.Meet Samuel – Your Personal Investing ProphetStart a conversation with TipRanks’ trusted, data-backed investment intelligence

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Currently, the analyst consensus on ZTO Express (Cayman), Inc. Class A is a Strong Buy with an average price target of HK$227.00.

Based on ZTO Express (Cayman), Inc. Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$11.83 billion and a net profit of HK$1.94 billion. In comparison, last year the company earned a revenue of HK$10.73 billion and had a net profit of HK$2.61 billion