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

Shares of Rezolve AI Limited (NASDAQ:RZLV) have received an average recommendation of “Buy” from the six ratings firms that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $5.50.

A number of equities research analysts have issued reports on RZLV shares. Cantor Fitzgerald began coverage on shares of Rezolve AI in a report on Thursday, December 5th. They set an “overweight” rating and a $5.00 target price on the stock. Northland Capmk upgraded Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 17th. Northland Securities assumed coverage on Rezolve AI in a research note on Wednesday, December 18th. They set an “outperform” rating and a $5.00 target price for the company. Roth Mkm assumed coverage on Rezolve AI in a research note on Tuesday, December 10th. They issued a “buy” rating and a $4.00 price objective for the company. Finally, D. Boral Capital restated a “buy” rating and set a $8.00 target price on shares of Rezolve AI in a research note on Friday, December 20th.

Rezolve AI Stock Performance

Shares of RZLV opened at $4.62 on Friday. The stock’s 50-day simple moving average is $3.40. Rezolve AI has a 1 year low of $1.57 and a 1 year high of $12.29.

Institutional Trading of Rezolve AI

An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. bought a new position in shares of Rezolve AI Limited (NASDAQ:RZLV) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned about 0.08% of Rezolve AI as of its most recent SEC filing. 27.96% of the stock is owned by institutional investors and hedge funds.

Rezolve AI Company Profile

Rezolve Limited develops and offers a retail and engagement technology solution that acts as an instant transaction tool for mobile devices. Its tool allows users to discover and purchase goods and services, provide personal details in response to advertising, pay a bill, make a charitable donation, and more through a mobile device.