TheStreet Upgrades ZTO Express (Cayman) (NYSE:ZTO) to "B-"
TheStreet raised shares of ZTO Express (Cayman) from a "c+" rating to a "b-" rating in a report on Thursday.

ZTO Express (Cayman) (NYSE:ZTO - Get Rating) was upgraded by TheStreet from a "c+" rating to a "b-" rating in a research report issued to clients and investors on Thursday, TheStreetRatingsTable reports.
Other analysts have also recently issued reports about the stock. HSBC lowered their price objective on shares of ZTO Express (Cayman) from $36.00 to $33.00 in a research note on Wednesday, November 23rd. StockNews.com began coverage on shares of ZTO Express (Cayman) in a research note on Wednesday, October 12th. They set a "hold" rating for the company. Finally, Citigroup lowered their price objective on shares of ZTO Express (Cayman) from $40.30 to $32.80 and set a "buy" rating for the company in a research note on Wednesday, November 23rd. The stock has a fifty day moving average of $22.96 and a two-hundred day moving average of $24.62. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.58 and a current ratio of 1.59. OLD National Bancorp IN boosted its position in ZTO Express (Cayman) by 3.8% during the 2nd quarter. OLD National Bancorp IN now owns 10,882 shares of the transportation company's stock worth $299,000 after purchasing an additional 400 shares during the period. Lattice Capital Management LLC boosted its position in ZTO Express (Cayman) by 1.0% during the 2nd quarter. Lattice Capital Management LLC now owns 48,158 shares of the transportation company's stock worth $1,268,000 after purchasing an additional 480 shares during the period. Cigna Investments Inc. New boosted its position in ZTO Express (Cayman) by 6.1% during the 3rd quarter. Cigna Investments Inc. New now owns 8,511 shares of the transportation company's stock worth $205,000 after purchasing an additional 491 shares during the period. M&T Bank Corp boosted its position in ZTO Express (Cayman) by 4.7% during the 3rd quarter. M&T Bank Corp now owns 12,198 shares of the transportation company's stock worth $293,000 after purchasing an additional 544 shares during the period. Finally, US Bancorp DE boosted its position in ZTO Express (Cayman) by 6.5% during the 3rd quarter. US Bancorp DE now owns 9,718 shares of the transportation company's stock worth $234,000 after purchasing an additional 597 shares during the period. 40.56% of the stock is owned by hedge funds and other institutional investors. The company offers delivery services for e-commerce and traditional merchants, and other express service users. As of December 31, 2021, it operated a fleet of approximately 10,900 trucks. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to EMAIL. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ZTO Express (Cayman) wasn't on the list.