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ZTO EXPRESS-W Soars 2% as M Stanley and Citi Raise TPs
Recommend 6 Positive 3 Negative 3 |
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ZTO EXPRESS-W (02057.HK) opened 0.46% higher today, hitting an intraday peak of HKD179.8. It last printed at HKD177.6, up 2.01%, with 1.3588 million shares traded, involving HKD241 million. AASTOCKS Financial News compiled the latest investment ratings, TPs and views on ZTO EXPRESS-W from five brokers as follows: Brokers | Ratings | TPs | Key Views Morgan Stanley | Overweight | USD28.5 -> 30.1 The broker is positive on continued market share gains and improving unit profitability, which supports valuation re-rating. The recent pullback offers a good entry point, and a restart of share buybacks is expected. The broker believes the stock will rise in absolute terms over the next 60 days. CLSA | Outperform | HKD216/ USD28 1Q26 earnings were dragged by reduced government subsidies, but market share recovery momentum remains solid. Anti-involution measures and cost-cutting initiatives could offset rising fuel costs. Citi | Buy | USD28 -> 29 1Q26 results were in line with expectations, with continued market share expansion. The company is focusing on artificial intelligence and retail parcel business expansion. Daiwa | Outperform | HKD210 -> 200 The company successfully executed its market share growth strategy in 1Q26, with strong core cost optimization, although earnings growth lagged peers. BofA Securities | Neutral | USD27 Improvement in unit costs is positive but offset by weaker reverse logistics profitability and potential tightening of social security contributions. Potential stake reduction by Alibaba is seen as a short-term negative factor. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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