JP Morgan Rates Ermenegildo Zegna (ZGN) buy, $14 Price Target
JP Morgan maintains its buy rating on Ermenegildo Zegna N.V. with a target price of $14, a 7.53% upside from the current price.
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JP Morgan rated Ermenegildo Zegna N.V. ($ZGN) "buy" with a $14 price target on June 30, 2026.
Since the rating, $ZGN is up 5.8% after 1 week, up 15.3% after 1 month and up 0.2% to date (from the $12.88 close on Jun 30, 2026).
Key Points
- JP Morgan reiterated its buy rating on Ermenegildo Zegna N.V. (NYSE:ZGN) with a price target of $14.
- JP Morgan's $14 price target implies 7.53% upside from Ermenegildo Zegna N.V.'s ($ZGN) current $13.02 share price.
- Shares of ZGN traded near $12.87 on Tuesday, with a market cap of approximately $3.53 billion.
- Ermenegildo Zegna N.V. operates in the apparel manufacturing sector, offering luxury clothing and accessories.
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On June 30, 2026, JP Morgan reiterated its buy rating on Ermenegildo Zegna N.V. (NYSE:ZGN), setting a price target of $14. This reaffirmation by analyst Chiara Battistini reflects continued confidence in the company's prospects.
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Ermenegildo Zegna N.V. Stock Up 5.9%
Shares of NYSE:ZGN traded near $12.87 on Tuesday. Ermenegildo Zegna N.V. has a market capitalization of about $3.53 billion. The company sports a P/E ratio of 30.58 and a forward P/E of 21.65, indicating some optimism about future earnings. Its beta of 0.877 suggests the stock is less volatile than the broader market. Over the past 52 weeks, the stock has ranged from $7.61 to $15.44, with a 50-day moving average of $13.25 and a 200-day moving average of $10.98. The company maintains a current ratio of 1.586 and a quick ratio of 0.741, with a debt-to-equity ratio of 89.38.
$ZGN price target
Ermenegildo Zegna N.V. daily closes and this analyst's $14 target. Not advice.
Recent Earnings
In its most recent financial results, Ermenegildo Zegna N.V. reported revenue of approximately $1.92 billion, reflecting a modest growth of 0.3%. The company's net margin stood at 5.14%. It achieved a return on equity of 10.52%, with earnings per share reported at $0.43. The next earnings report is expected on September 3, 2026.
Analysts Set New Price Targets
On June 30, 2026, JP Morgan maintained its buy rating with a $14 target. Earlier, on June 17, 2026, Goldman Sachs downgraded the stock to a hold with a $14 target. On May 20, 2026, TD Cowen upgraded its rating to buy, setting a target of $15. The consensus among analysts is a buy rating, with an average target price of approximately $13.31, based on 12 opinions.
About Ermenegildo Zegna N.V.
Ermenegildo Zegna N.V., headquartered in Milan, Italy, designs and distributes luxury menswear and womenswear, along with a wide range of accessories. The company was founded in 1910 and operates under brands like ZEGNA, Thom Browne, and TOM FORD FASHION. It markets its products through retail stores and online channels, serving global markets. Led by CEO Mr. Sam Lobban, Zegna employs over 7,200 people worldwide.
Bottom Line
JP Morgan's reaffirmation of its buy rating for Ermenegildo Zegna N.V. suggests continued confidence in the luxury apparel company's future performance. Investors may find this information useful when considering their own investment strategies. However, it's important to remember that this analyst rating is based on past data and market conditions as of the report date.
Source: JP Morgan's rating change on $ZGN (Jun 30, 2026). Written by software, not financial advice. How we make alerts