Jefferies analyst Thomas Chong maintained a Buy rating on Kanzhun Ltd Sponsored (BZ – Research Report) yesterday and set a price target of $24.20. The company’s shares closed yesterday at $15.33.
Chong covers the Technology sector, focusing on stocks such as Baidu, Full Truck Alliance, and KE Holdings Inc. Sponsored ADR Class A. According to TipRanks, Chong has an average return of 1.2% and a 34.62% success rate on recommended stocks.
Currently, the analyst consensus on Kanzhun Ltd Sponsored is a Moderate Buy with an average price target of $23.10.
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BZ market cap is currently $7.75B and has a P/E ratio of 385.84.
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Kanzhun Ltd runs an online recruitment platform called BOSS Zhipin. This platform mainly focuses on assisting the recruitment process between job seekers and employers for enterprises and corporations. The employers, mainly executives or middle-level managers of businesses, could participate directly in the recruiting process. It generates revenue by providing services to enterprise customers and job seekers to assist in the recruitment process over mobile apps and websites.
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