Rezolve AI Limited (NASDAQ:RZLV) Receives $6.00 Consensus PT from Analysts

Shares of Rezolve AI Limited (NASDAQ:RZLV) have been assigned an average recommendation of “Buy” from the eight ratings firms that are covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $6.00.

Several research analysts recently weighed in on RZLV shares. Roth Mkm restated a “buy” rating and set a $4.00 price target on shares of Rezolve AI in a research report on Wednesday, March 19th. HC Wainwright reiterated a “buy” rating and issued a $4.00 target price on shares of Rezolve AI in a research report on Tuesday, April 29th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. SBI Securities Co. Ltd. acquired a new stake in Rezolve AI during the fourth quarter worth about $38,000. Wolverine Asset Management LLC purchased a new stake in shares of Rezolve AI in the 4th quarter valued at approximately $51,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Rezolve AI during the 4th quarter worth approximately $88,000. FNY Investment Advisers LLC acquired a new stake in shares of Rezolve AI during the 1st quarter worth approximately $30,000. Finally, RPO LLC purchased a new stake in shares of Rezolve AI during the 4th quarter valued at approximately $108,000. Institutional investors and hedge funds own 27.96% of the company’s stock.

Rezolve AI Stock Performance

Shares of Rezolve AI stock opened at $2.10 on Monday. Rezolve AI has a twelve month low of $1.07 and a twelve month high of $12.29. The business has a 50-day moving average price of $1.71 and a 200 day moving average price of $2.41.

Rezolve AI Company Profile

Rezolve AI Plc 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.