Analysts Set KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) PT at $21.75

Shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $21.75.

A number of equities analysts have commented on BZ shares. Zacks Research raised KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Wall Street Zen lowered KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Sanford C. Bernstein raised KANZHUN from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $16.50 to $18.00 in a research note on Friday, June 5th. Finally, Barclays cut their target price on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a report on Friday, March 20th.

View Our Latest Research Report on KANZHUN

KANZHUN Trading Up 1.7%

NASDAQ BZ opened at $15.15 on Friday. KANZHUN has a 1-year low of $12.57 and a 1-year high of $25.26. The stock has a 50-day moving average of $13.80 and a 200-day moving average of $15.38. The firm has a market cap of $6.21 billion, a PE ratio of 14.85 and a beta of 0.50.

Institutional Investors Weigh In On KANZHUN

Large investors have recently added to or reduced their stakes in the company. Cerity Partners LLC boosted its holdings in shares of KANZHUN by 2.5% during 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 during the period. Larson Financial Group LLC increased its holdings in 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 purchasing an additional 815 shares during the period. Federation des caisses Desjardins du Quebec increased its holdings in KANZHUN by 7.2% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 14,231 shares of the company’s stock valued at $290,000 after purchasing an additional 958 shares during the period. Genus Capital Management Inc. raised its position in KANZHUN by 7.1% during the 4th quarter. Genus Capital Management Inc. now owns 15,000 shares of the company’s stock valued at $306,000 after purchasing an additional 1,000 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in KANZHUN by 82.3% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,917 shares of the company’s stock valued at $68,000 after purchasing an additional 1,317 shares during the last quarter. Institutional investors own 60.67% of the company’s stock.

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.

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Analyst Recommendations for KANZHUN (NASDAQ:BZ)

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