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2021-07-01
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Barclays says ZipRecruiter’s stock price can jump 20% amid U.S. labor supply and demand mismatch
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBarclays says ZipRecruiter’s stock price can jump 20% amid U.S. labor supply and demand mismatch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 21:46 GMT+8 <a href=https://www.cnbc.com/2021/07/01/barclays-says-ziprecruiter-stock-price-can-jump-20percent.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Barclays initiated coverage of ZipRecruiter on Thursday, saying the online recruiting platform is well-positioned to gain as U.S. employers face challenges filling job openings.\n“ZIP is differentiated...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/01/barclays-says-ziprecruiter-stock-price-can-jump-20percent.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZIP":"ZipRecruiter Inc."},"source_url":"https://www.cnbc.com/2021/07/01/barclays-says-ziprecruiter-stock-price-can-jump-20percent.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1106960651","content_text":"Barclays initiated coverage of ZipRecruiter on Thursday, saying the online recruiting platform is well-positioned to gain as U.S. employers face challenges filling job openings.\n“ZIP is differentiated from online peers (as well as traditional internal⁄third-party recruiting services) by its AI-based matching, resulting in faster⁄better quality candidate recommendations and faster time-to-hire, alleviating key pain points for employer-customers,” Barclays’ Trevor Young said in a note released Thursday.\nThe firm gave ZipRecruiter an overweight rating and set its 12-month price target at $30, implying upside of 20%.\nBarclays’ call comes as the labor market remains in focus, with U.S. employers citing worker shortages and difficulty replacing lost jobs from the pandemic.\nAs job openings outpace job seeker demand, Barclays says the current employment trend “sets up favorable dynamics” for ZipRecruiter.\n“We believe more and more employers will explore additional resources, such as ZipRecruiter, to try to source candidates that are willing and able to work,” Young said.\nBarclays lauded ZipRecruiter’s strong technological capabilities and brand awareness among employers as differentiators from peer job marketplaces.\nWith work-from-home continuing, the firm said greater geographic mobility should keep demand for online recruiting tools high in the near future.\nZipRecruiter debuted on the New York Stock Exchange in May. 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