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

Shares of Rezolve AI Limited (NASDAQ:RZLV) have received a consensus recommendation of “Buy” from the eight analysts that are covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $6.00.

RZLV has been the topic of several recent research reports. HC Wainwright reaffirmed a “buy” rating and set a $4.00 price objective on shares of Rezolve AI in a report on Tuesday, April 29th. Roth Mkm reaffirmed a “buy” rating and set a $4.00 price objective on shares of Rezolve AI in a report on Wednesday, March 19th.

Rezolve AI Stock Up 5.2%

Shares of RZLV opened at $2.41 on Monday. Rezolve AI has a 1 year low of $1.07 and a 1 year high of $12.29. The business’s 50 day simple moving average is $1.68 and its 200-day simple moving average is $2.43.

Hedge Funds Weigh In On Rezolve AI

Several large investors have recently modified their holdings of the stock. Wolverine Asset Management LLC increased its position in shares of Rezolve AI by 62.1% during the 1st quarter. Wolverine Asset Management LLC now owns 21,453 shares of the company’s stock valued at $26,000 after purchasing an additional 8,219 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in Rezolve AI in the 4th quarter valued at $38,000. B. Riley Wealth Advisors Inc. bought a new position in Rezolve AI in the 4th quarter valued at $88,000. FNY Investment Advisers LLC bought a new position in Rezolve AI in the 1st quarter valued at $30,000. Finally, RPO LLC bought a new position in Rezolve AI in the 4th quarter valued at $108,000. Institutional investors own 27.96% of the company’s stock.

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.