KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZGet Free Report) have earned an average rating of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $21.75.

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

View Our Latest Report on BZ

KANZHUN Stock Performance

NASDAQ BZ opened at $13.70 on Monday. The business’s 50-day moving average price is $13.82 and its two-hundred day moving average price is $16.39. KANZHUN has a 12 month low of $12.85 and a 12 month high of $25.26. The firm has a market capitalization of $5.76 billion, a PE ratio of 13.43 and a beta of 0.49.

Institutional Investors Weigh In On KANZHUN

Institutional investors and hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of KANZHUN during the 1st quarter valued at about $27,000. Parallel Advisors LLC boosted its position in shares of KANZHUN by 5,732.4% during the 1st quarter. Parallel Advisors LLC now owns 2,158 shares of the company’s stock valued at $29,000 after purchasing an additional 2,121 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of KANZHUN during the 4th quarter valued at about $29,000. Larson Financial Group LLC boosted its position 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 purchasing an additional 815 shares in the last quarter. Finally, Leonteq Securities AG bought a new stake in shares of KANZHUN during the 4th quarter valued at about $41,000. 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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