Rezolve AI PLC (NASDAQ:RZLV) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Rezolve AI PLC (NASDAQ:RZLV) has received an average rating of “Moderate Buy” from the seven brokerages that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $11.00.

RZLV has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Rezolve AI in a report on Thursday, January 22nd. Industrial Alliance Securities set a $14.00 price target on Rezolve AI in a research report on Wednesday, January 14th. Cantor Fitzgerald reissued an “overweight” rating and set a $8.00 price objective on shares of Rezolve AI in a report on Wednesday, January 14th. Wall Street Zen lowered shares of Rezolve AI from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Finally, Alliance Global Partners restated a “buy” rating on shares of Rezolve AI in a research note on Wednesday, January 14th.

Institutional Investors Weigh In On Rezolve AI

Several hedge funds and other institutional investors have recently made changes to their positions in RZLV. Alyeska Investment Group L.P. acquired a new position in shares of Rezolve AI during the 3rd quarter worth about $120,880,000. Geode Capital Management LLC lifted its holdings in shares of Rezolve AI by 1,100.7% during the second quarter. Geode Capital Management LLC now owns 1,235,467 shares of the company’s stock worth $3,799,000 after buying an additional 1,132,569 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of Rezolve AI by 13,595.5% in the third quarter. BNP Paribas Financial Markets now owns 1,054,552 shares of the company’s stock valued at $5,252,000 after acquiring an additional 1,046,852 shares during the period. Davidson Kempner Capital Management LP acquired a new stake in shares of Rezolve AI in the third quarter worth $2,490,000. Finally, XTX Topco Ltd acquired a new stake in shares of Rezolve AI in the third quarter worth $1,781,000. 27.96% of the stock is owned by institutional investors and hedge funds.

Rezolve AI Price Performance

RZLV stock opened at $2.58 on Friday. The firm has a 50 day moving average of $3.06 and a two-hundred day moving average of $3.86. Rezolve AI has a 12 month low of $1.07 and a 12 month high of $8.45.

About Rezolve AI

Rezolve AI, Inc operates a cloud-based engagement platform that connects physical world touchpoints to digital experiences. Through its proprietary Rezolve platform, the company enables brands and marketers to deploy interactive mobile campaigns triggered by NFC-enabled tags, QR codes, short URLs and other proximity-based technologies. These campaigns facilitate in-the-moment product demonstrations, digital promotions and seamless e-commerce transactions without the need to download a dedicated app.

The company’s platform includes a no-code campaign management portal, real-time analytics dashboard and integration tools for customer relationship management, payment processing and third-party marketing systems.