Ermenegildo Zegna (NYSE:ZGN) Stock Price Target Raised at TD Cowen

Ermenegildo Zegna (NYSE:ZGN) had its target price upped by equities research analysts at TD Cowen from $15.00 to $16.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. TD Cowen‘s price target would suggest a potential upside of 17.42% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. Morgan Stanley set a $13.00 price target on shares of Ermenegildo Zegna in a report on Monday, September 7th. Weiss Ratings downgraded shares of Ermenegildo Zegna from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, September 3rd. The Goldman Sachs Group reissued a “neutral” rating on shares of Ermenegildo Zegna in a research report on Sunday, October 4th. JPMorgan Chase & Co. raised their price target on shares of Ermenegildo Zegna from $12.50 to $14.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Finally, Wall Street Zen cut Ermenegildo Zegna from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Ermenegildo Zegna presently has a consensus rating of “Moderate Buy” and an average price target of $13.87.

Ermenegildo Zegna Trading Down 1.6%

Shares of Ermenegildo Zegna stock opened at $13.63 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.47 and a debt-to-equity ratio of 0.12. The company has a fifty day moving average of $12.78 and a 200 day moving average of $13.18. Ermenegildo Zegna has a fifty-two week low of $8.65 and a fifty-two week high of $15.95.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Amundi purchased a new position in shares of Ermenegildo Zegna during the 1st quarter worth $10,686,000. Osborne Partners Capital Management LLC lifted its position in Ermenegildo Zegna by 34.8% in the first quarter. Osborne Partners Capital Management LLC now owns 942,458 shares of the company’s stock valued at $9,820,000 after buying an additional 243,137 shares during the last quarter. Walleye Capital LLC boosted its stake in Ermenegildo Zegna by 1,938.7% during the first quarter. Walleye Capital LLC now owns 665,851 shares of the company’s stock worth $6,938,000 after buying an additional 633,191 shares during the period. Bank of America Corp DE boosted its stake in Ermenegildo Zegna by 483.2% during the first quarter. Bank of America Corp DE now owns 583,360 shares of the company’s stock worth $6,079,000 after buying an additional 483,332 shares during the period. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. increased its position in shares of Ermenegildo Zegna by 82.3% during the first quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 354,608 shares of the company’s stock valued at $3,695,000 after acquiring an additional 160,078 shares during the last quarter. 12.91% of the stock is currently owned by institutional investors and hedge funds.

Ermenegildo Zegna News Roundup

Here are the key news stories impacting Ermenegildo Zegna this week:

• Positive Sentiment: Third-quarter revenue increased 8.9% year over year to €433.8 million, or 8.2% on an organic basis. Revenue for the first nine months rose 7.2% to €1.42 billion, with organic growth of 8.9%. Ermenegildo Zegna Group Q3 2026 Revenues
• Positive Sentiment: The direct-to-consumer channel remained a major growth driver, increasing 13% year over year. Greater exposure to directly operated stores and e-commerce can support brand control and potentially improve the company’s mix over time. Zegna Q3 Revenue Rises on DTC Strength
• Positive Sentiment: Growth was described as broad-based across regions, with particularly strong contributions from the Americas and China. The flagship Zegna brand also posted double-digit growth, reinforcing momentum in the group’s core luxury business. Zegna Q3 Revenues Boosted by Americas and China Growth
• Neutral Sentiment: The reports focus on unaudited revenue performance and do not provide detailed third-quarter profit, margin, or cash-flow figures. Investors will likely look to the sales call and subsequent results for evidence that revenue growth is translating into earnings growth. ZGN Q3 2026 Sales Trading Call Transcript

About Ermenegildo Zegna

Ermenegildo Zegna N.V. is a global luxury-goods group specializing in menswear, accessories and related lifestyle products. Its portfolio includes the Zegna brand, known for tailored clothing, ready-to-wear apparel, footwear, leather goods and fabrics, as well as Thom Browne, a luxury fashion brand offering menswear, womenswear, accessories and footwear.

The company also operates the TOM FORD FASHION business, which includes luxury apparel, accessories and footwear under the TOM FORD brand.