KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $24.00.

Several equities analysts have recently commented on the stock. Zacks Research cut shares of KANZHUN from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Barclays boosted their target price on KANZHUN from $25.00 to $28.00 and gave the company an “overweight” rating in a research note on Wednesday, November 19th. Wall Street Zen raised KANZHUN from a “hold” rating to a “buy” rating in a research report on Sunday, January 25th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of KANZHUN in a report on Monday, December 29th.

Check Out Our Latest Stock Analysis on KANZHUN

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BZ. Cerity Partners LLC boosted its holdings in KANZHUN by 2.5% in the second quarter. Cerity Partners LLC now owns 22,291 shares of the company’s stock worth $398,000 after purchasing an additional 549 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of KANZHUN by 0.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 105,613 shares of the company’s stock worth $2,467,000 after acquiring an additional 600 shares in the last quarter. Larson Financial Group LLC increased its holdings in shares of KANZHUN by 93.1% during the 4th quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock valued at $34,000 after acquiring an additional 815 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of KANZHUN by 0.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 187,184 shares of the company’s stock valued at $4,373,000 after acquiring an additional 861 shares in the last quarter. Finally, Genus Capital Management Inc. lifted its holdings in KANZHUN by 7.7% in the 2nd quarter. Genus Capital Management Inc. now owns 14,000 shares of the company’s stock worth $250,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors own 60.67% of the company’s stock.

KANZHUN Stock Performance

BZ stock opened at $18.15 on Tuesday. The firm has a 50 day simple moving average of $19.92 and a 200 day simple moving average of $21.41. KANZHUN has a 52 week low of $13.28 and a 52 week high of $25.26. The stock has a market cap of $7.59 billion, a P/E ratio of 23.88 and a beta of 0.43.

About KANZHUN

(Get Free Report)

Kanzhun Ltd. (NASDAQ: BZ) operates a leading AI-driven online recruitment platform under the brand name Boss Zhipin. The platform leverages algorithmic job matching and instant in-app messaging to connect job seekers and employers, streamlining the hiring process and reducing time-to-fill. By combining machine-learning recommendations with direct recruiter interactions, Kanzhun aims to create a more efficient, personalized recruitment experience compared with traditional job boards.

Beyond its core peer-to-peer marketplace, Kanzhun provides a suite of premium services for corporate clients, including employer branding packages, targeted marketing campaigns and SaaS-based human capital management tools.

Further Reading

Analyst Recommendations for KANZHUN (NASDAQ:BZ)

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