Brokerages Set Rezolve AI PLC (NASDAQ:RZLV) PT at $11.00

Shares of Rezolve AI PLC (NASDAQ:RZLV) have been assigned a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $11.00.

Several equities research analysts have weighed in on the company. Cantor Fitzgerald reissued an “overweight” rating and issued a $8.00 price target on shares of Rezolve AI in a report on Wednesday, January 14th. Alliance Global Partners restated a “buy” rating on shares of Rezolve AI in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Rezolve AI in a research report on Thursday, January 22nd. iA Financial set a $14.00 target price on shares of Rezolve AI in a research note on Wednesday, January 14th. Finally, HC Wainwright reissued a “buy” rating and set a $12.00 target price on shares of Rezolve AI in a research report on Wednesday, February 11th.

Hedge Funds Weigh In On Rezolve AI

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brown Wealth Management LLC acquired a new position in shares of Rezolve AI in the second quarter valued at about $615,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of Rezolve AI during the second quarter worth about $62,000. ProShare Advisors LLC acquired a new stake in shares of Rezolve AI during the second quarter worth about $57,000. Caitong International Asset Management Co. Ltd boosted its position in Rezolve AI by 3,738.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 190,126 shares of the company’s stock valued at $947,000 after buying an additional 185,173 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its position in Rezolve AI by 14.5% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 21,058 shares of the company’s stock valued at $105,000 after buying an additional 2,661 shares during the last quarter. Hedge funds and other institutional investors own 27.96% of the company’s stock.

Rezolve AI Price Performance

Rezolve AI stock opened at $2.55 on Friday. Rezolve AI has a 1-year low of $1.07 and a 1-year high of $8.45. The business has a fifty day moving average price of $2.83 and a 200-day moving average price of $3.73.

About Rezolve AI

Rezolve AI, Inc operates a cloud-based engagement platform that connects physical world touchpoints to digital experiences. Through its proprietary Rezolve platform, the company enables brands and marketers to deploy interactive mobile campaigns triggered by NFC-enabled tags, QR codes, short URLs and other proximity-based technologies. These campaigns facilitate in-the-moment product demonstrations, digital promotions and seamless e-commerce transactions without the need to download a dedicated app.

The company’s platform includes a no-code campaign management portal, real-time analytics dashboard and integration tools for customer relationship management, payment processing and third-party marketing systems.