Rezolve AI Limited (NASDAQ:RZLV) Receives $5.50 Consensus PT from Brokerages

Rezolve AI Limited (NASDAQ:RZLV) has received a consensus recommendation of “Buy” from the seven analysts that are presently covering the firm, Marketbeat Ratings 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 objective among brokers that have issued a report on the stock in the last year is $6.40.

RZLV has been the subject of a number of recent research reports. D. Boral Capital restated a “buy” rating and issued a $8.00 target price on shares of Rezolve AI in a research report on Friday, December 20th. Maxim Group initiated coverage on shares of Rezolve AI in a research note on Thursday. They issued a “buy” rating and a $10.00 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 target price on the stock. Roth Capital raised shares of Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 10th. Finally, Northland Capmk raised Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 17th.

Hedge Funds Weigh In On Rezolve AI

A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. purchased a new stake in shares of Rezolve AI Limited (NASDAQ:RZLV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned 0.08% of Rezolve AI at the end of the most recent reporting period. Institutional investors own 27.96% of the company’s stock.

Rezolve AI Price Performance

Shares of RZLV stock opened at $3.01 on Tuesday. The business’s 50-day moving average price is $2.97. Rezolve AI has a 12-month low of $1.57 and a 12-month high of $12.29.

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.