Citigroup Lowers Zhihu (NYSE:ZH) Price Target to $4.70

Zhihu ( NYSE:ZH – Get Free Report ) had its target price lowered by equities researchers at Citigroup from $5.40 to $4.70 in a research note issued on Friday, Benzinga reports.

The brokerage currently has a “buy” rating on the stock. Citigroup’s price objective suggests a potential upside of 30.92% from the stock’s current price.



Zhihu Trading Down 6.5 % Shares of NYSE ZH opened at $3.59 on Friday.

Zhihu has a 12 month low of $2.55 and a 12 month high of $6.06.

The stock has a 50 day moving average of $3.68 and a 200-day moving average of $3.38.

The company has a market capitalization of $313.48 million, a P/E ratio of -6.41 and a beta of 0.

19. Institutional Trading of Zhihu Several hedge funds have recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte.

Ltd. acquired a new position in shares of Zhihu during the 3rd quarter worth $27,000. Virtu Financial LLC acquired a new position in shares of Zhihu during the 3rd quarter worth $141,000.

XTX Topco Ltd acquired a new position in shares of Zhihu during the 3rd quarter worth $151,000. Walleye Capital LLC acquired a new position in shares of Zhihu during the 3rd quarter worth $212,000. Finally, E Fund Management Hong Kong Co.

Ltd. acquired a new position in shares of Zhihu during the 3rd quarter worth $317,000. 28.

92% of the stock is owned by institutional investors and hedge funds. About Zhihu Zhihu Inc operates an online content community in the People’s Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun.

The company offers technology, business support, and consulting services; information transmission, software, and information technology services. Recommended Stories Five stocks we like better than Zhihu Where to Find Earnings Call Transcripts ServiceNow: Will the High-Flyer Finally Split in 2024? Overbought Stocks Explained: Should You Trade Them? MarketBeat Week in Review – 11/25 – 11/29 How to Choose Top Rated Stocks These 3 Stocks Are Heavy Hitters in Alternative Asset Management Receive News & Ratings for Zhihu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zhihu and related companies with MarketBeat.com's FREE daily email newsletter .

.