KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Get Free Report) has received an average rating of "Moderate Buy" from the six analysts that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $18.50.
Separately, Daiwa America raised KANZHUN from a "hold" rating to a "strong-buy" rating in a report on Monday, June 2nd.
View Our Latest Stock Analysis on KANZHUN
Institutional Investors Weigh In On KANZHUN
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Capital World Investors increased its holdings in KANZHUN by 636.3% in the 4th quarter. Capital World Investors now owns 13,828,732 shares of the company's stock worth $190,837,000 after acquiring an additional 11,950,467 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in KANZHUN by 1,474.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,552,922 shares of the company's stock worth $183,130,000 after acquiring an additional 8,946,253 shares in the last quarter. Krane Funds Advisors LLC increased its holdings in KANZHUN by 49.6% in the 4th quarter. Krane Funds Advisors LLC now owns 16,376,890 shares of the company's stock worth $226,001,000 after acquiring an additional 5,432,730 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in KANZHUN by 2,547.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,313,534 shares of the company's stock worth $101,860,000 after acquiring an additional 5,112,824 shares in the last quarter. Finally, Norges Bank purchased a new stake in KANZHUN during the 4th quarter valued at approximately $64,060,000. Hedge funds and other institutional investors own 60.67% of the company's stock.
KANZHUN Stock Down 1.3%
Shares of NASDAQ:BZ traded down $0.25 during midday trading on Tuesday, reaching $18.53. The company's stock had a trading volume of 4,172,417 shares, compared to its average volume of 4,432,901. The firm has a 50 day moving average of $17.94 and a 200-day moving average of $16.57. The firm has a market capitalization of $7.60 billion, a P/E ratio of 31.95 and a beta of 0.41. KANZHUN has a 12-month low of $10.57 and a 12-month high of $20.81.
KANZHUN Company Profile
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Get Free ReportKanzhun Limited, together with its subsidiaries, provides online recruitment services in the People's Republic of China. The company offers its recruitment services through a mobile app under the BOSS Zhipin brand name. Its services allow enterprise customers to access and interact with job seekers and manage their recruitment process.
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