In a report released yesterday, Thomas Chong from Jefferies maintained a Buy rating on Zhihu (ZH – Research Report), with a price target of $2.50. The company’s shares closed yesterday at $0.99.
Chong covers the Technology sector, focusing on stocks such as Baidu, Weibo, and Iqiyi. According to TipRanks, Chong has an average return of 3.3% and a 38.06% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zhihu with a $2.25 average price target.
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ZH market cap is currently $709.9M and has a P/E ratio of -2.59.
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Zhihu Inc is a Q&A-inspired online content community in China primarily offering user-generated content and professionally generated content. It generates revenues from Advertising service, Paid membership service, Content-commerce solutions, and Others. It derives all its revenues within China.