Rezolve AI Limited (NASDAQ:RZLV) Receives Average Rating of “Buy” from Analysts

Rezolve AI Limited (NASDAQ:RZLV) has received a consensus recommendation of “Buy” from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $6.40.

A number of equities analysts have issued reports on RZLV shares. Northland Capmk upgraded Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 17th. Roth Capital raised Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 10th. Maxim Group assumed coverage on shares of Rezolve AI in a research note on Thursday, January 16th. They issued a “buy” rating and a $10.00 price target on the stock. Roth Mkm restated a “buy” rating and set a $4.00 price objective on shares of Rezolve AI in a research report on Wednesday, March 19th. Finally, Cantor Fitzgerald initiated coverage on shares of Rezolve AI in a research report on Thursday, December 5th. They issued an “overweight” rating and a $5.00 target price on the stock.

Institutional Investors Weigh In On Rezolve AI

A number of institutional investors have recently modified their holdings of the company. SBI Securities Co. Ltd. purchased a new position in Rezolve AI during the 4th quarter valued at about $38,000. Wolverine Asset Management LLC acquired a new stake in shares of Rezolve AI during the fourth quarter worth about $51,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Rezolve AI during the fourth quarter worth about $88,000. RPO LLC purchased a new stake in Rezolve AI during the 4th quarter worth approximately $108,000. Finally, Two Sigma Investments LP acquired a new stake in Rezolve AI during the 4th quarter worth approximately $110,000. 27.96% of the stock is owned by institutional investors and hedge funds.

Rezolve AI Trading Down 8.4 %

Shares of Rezolve AI stock opened at $1.31 on Friday. Rezolve AI has a fifty-two week low of $1.27 and a fifty-two week high of $12.29. The firm has a 50-day simple moving average of $2.22 and a two-hundred day simple moving average of $3.57.

Rezolve AI Company Profile

Rezolve Ai Ltd. operates in the mobile commerce industry with its cutting-edge engagement platform powered by artificial intelligence and machine learning. It develops AI-based mobile commerce and engagement solutions, simplifying the purchasing process by providing relevant information and facilitating seamless transactions with a single tap.