KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Given Average Recommendation of “Moderate Buy” by Brokerages

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) has received a consensus recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $21.75.

Several brokerages have recently issued reports on BZ. Zacks Research upgraded KANZHUN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Weiss Ratings reiterated a “hold (c-)” rating on shares of KANZHUN in a research report on Wednesday, July 15th. Finally, Sanford C. Bernstein upgraded KANZHUN from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $16.50 to $18.00 in a research report on Friday, June 5th.

KANZHUN Stock Performance

Shares of NASDAQ:BZ opened at $16.46 on Tuesday. The business’s fifty day moving average price is $14.19 and its two-hundred day moving average price is $15.01. The stock has a market cap of $6.75 billion, a PE ratio of 16.14 and a beta of 0.48. KANZHUN has a one year low of $12.57 and a one year high of $25.26.

Institutional Investors Weigh In On KANZHUN

Several hedge funds have recently modified their holdings of the company. Legacy Wealth Asset Management LLC grew its holdings in shares of KANZHUN by 1.5% during the second quarter. Legacy Wealth Asset Management LLC now owns 101,431 shares of the company’s stock worth $1,305,000 after buying an additional 1,486 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of KANZHUN by 5,732.4% during the first quarter. Parallel Advisors LLC now owns 2,158 shares of the company’s stock valued at $29,000 after buying an additional 2,121 shares during the period. Bank of America Corp DE boosted its position in KANZHUN by 38.5% during the first quarter. Bank of America Corp DE now owns 6,083,025 shares of the company’s stock worth $81,452,000 after acquiring an additional 1,690,275 shares during the last quarter. Quantinno Capital Management LP boosted its position in KANZHUN by 86.6% during the first quarter. Quantinno Capital Management LP now owns 109,175 shares of the company’s stock worth $1,462,000 after acquiring an additional 50,660 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its position in KANZHUN by 45.8% during the first quarter. Lazard Asset Management LLC now owns 2,001,349 shares of the company’s stock worth $26,798,000 after acquiring an additional 628,993 shares during the last quarter. 60.67% of the stock is owned by institutional investors and hedge funds.

KANZHUN Company Profile

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.