Rezolve AI Limited (NASDAQ:RZLV) Receives Consensus Rating of “Buy” from Brokerages

Shares of Rezolve AI Limited (NASDAQ:RZLV) have been given a consensus rating of “Buy” by the seven analysts that are covering the firm, Marketbeat reports. Five analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $6.40.

A number of research analysts have weighed in on the stock. 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 objective on the stock. Roth Mkm began coverage on shares of Rezolve AI in a research report on Tuesday, December 10th. They issued a “buy” rating and a $4.00 price target on the stock. Northland Securities initiated coverage on Rezolve AI in a research note on Wednesday, December 18th. They set an “outperform” rating and a $5.00 price target for the company. D. Boral Capital reissued a “buy” rating and issued a $8.00 price objective on shares of Rezolve AI in a research note on Friday, December 20th. Finally, Cantor Fitzgerald assumed coverage on Rezolve AI in a research report on Thursday, December 5th. They set an “overweight” rating and a $5.00 target price on the stock.

Rezolve AI Trading Down 9.6 %

Shares of RZLV opened at $1.50 on Wednesday. The stock has a fifty day moving average price of $2.98. Rezolve AI has a 12-month low of $1.28 and a 12-month high of $12.29.

Institutional Investors Weigh In On Rezolve AI

Several institutional investors and hedge funds have recently added to or reduced their stakes in RZLV. Polar Asset Management Partners Inc. bought a new position in shares of Rezolve AI in the fourth quarter valued at approximately $4,149,000. Jane Street Group LLC purchased a new position in Rezolve AI in the fourth quarter worth $1,650,000. Blue Owl Capital Holdings LP purchased a new position in Rezolve AI in the fourth quarter worth $670,000. K2 Principal Fund L.P. bought a new position in Rezolve AI in the 3rd quarter valued at $881,000. Finally, Geode Capital Management LLC purchased a new stake in shares of Rezolve AI during the 4th quarter valued at $393,000. Hedge funds and other institutional investors own 27.96% of the company’s stock.

About Rezolve AI

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.