Rezolve AI Limited (NASDAQ:RZLV) Receives $6.40 Consensus Target Price from Analysts

Shares of Rezolve AI Limited (NASDAQ:RZLV) have received a consensus rating of “Buy” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $6.40.

A number of equities analysts have recently commented on RZLV shares. Northland Capmk upgraded shares of Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 17th. Maxim Group started coverage on shares of Rezolve AI in a research note on Thursday, January 16th. They set a “buy” rating and a $10.00 price objective for the company. Northland Securities initiated coverage on shares of Rezolve AI in a research note on Wednesday, December 18th. They set an “outperform” rating and a $5.00 price objective for the company. Roth Capital raised shares of Rezolve AI to a “strong-buy” rating in a report on Tuesday, December 10th. Finally, Cantor Fitzgerald initiated coverage on shares of Rezolve AI in a report on Thursday, December 5th. They issued an “overweight” rating and a $5.00 target price on the stock.

Rezolve AI Price Performance

Rezolve AI stock opened at $1.45 on Wednesday. The business’s 50-day simple moving average is $2.83. Rezolve AI has a one year low of $1.28 and a one year high of $12.29.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of RZLV. SBI Securities Co. Ltd. bought a new position in Rezolve AI in the 4th quarter valued at about $38,000. Wolverine Asset Management LLC bought a new position in Rezolve AI in the 4th quarter valued at about $51,000. B. Riley Wealth Advisors Inc. bought a new position in Rezolve AI in the 4th quarter valued at about $88,000. RPO LLC bought a new position in Rezolve AI in the 4th quarter valued at about $108,000. Finally, Two Sigma Investments LP bought a new position in Rezolve AI in the 4th quarter valued at about $110,000. 27.96% of the stock is owned by institutional investors.

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.