Analysts Set Rezolve AI Limited (NASDAQ:RZLV) Price Target at $6.40

Rezolve AI Limited (NASDAQ:RZLV) has received an average rating of “Buy” from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $6.40.

A number of equities research analysts recently issued reports on RZLV shares. Northland Capmk upgraded Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 17th. Maxim Group started coverage on Rezolve AI in a report on Thursday, January 16th. They issued a “buy” rating and a $10.00 price target on the stock. Northland Securities started coverage on Rezolve AI in a report on Wednesday, December 18th. They set an “outperform” rating and a $5.00 price objective for the company. Roth Mkm started coverage on shares of Rezolve AI in a research report on Tuesday, December 10th. They issued a “buy” rating and a $4.00 price objective on the stock. Finally, Roth Capital upgraded shares of Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 10th.

Hedge Funds Weigh In On Rezolve AI

Several institutional investors have recently modified their holdings of RZLV. K2 Principal Fund L.P. bought a new stake in Rezolve AI in the 3rd quarter worth approximately $881,000. Geode Capital Management LLC bought a new position in Rezolve AI during the fourth quarter valued at approximately $393,000. Highbridge Capital Management LLC purchased a new position in shares of Rezolve AI during the fourth quarter worth approximately $286,000. WINTON GROUP Ltd bought a new stake in shares of Rezolve AI in the 4th quarter worth approximately $279,000. Finally, Periscope Capital Inc. purchased a new stake in shares of Rezolve AI in the 4th quarter valued at $268,000. 27.96% of the stock is currently owned by institutional investors.

Rezolve AI Stock Performance

NASDAQ RZLV opened at $2.92 on Friday. The business has a 50 day moving average price of $2.99. Rezolve AI has a 1 year low of $1.57 and a 1 year high of $12.29.

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.