Rezolve AI PLC (NASDAQ:RZLV) Given Consensus Rating of “Moderate Buy” by Brokerages

Rezolve AI PLC (NASDAQ:RZLV) has received a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $11.00.

A number of research firms have recently issued reports on RZLV. Alliance Global Partners restated a “buy” rating on shares of Rezolve AI in a research note on Wednesday, January 14th. Weiss Ratings reissued a “sell (e+)” rating on shares of Rezolve AI in a report on Thursday, January 22nd. HC Wainwright restated a “buy” rating and set a $12.00 price objective on shares of Rezolve AI in a report on Wednesday, February 11th. iA Financial set a $14.00 target price on Rezolve AI in a research report on Wednesday, January 14th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $8.00 price target on shares of Rezolve AI in a report on Wednesday, January 14th.

Hedge Funds Weigh In On Rezolve AI

A number of hedge funds have recently bought and sold shares of RZLV. Vanguard Personalized Indexing Management LLC lifted its stake in Rezolve AI by 14.5% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 21,058 shares of the company’s stock worth $105,000 after purchasing an additional 2,661 shares during the last quarter. Ameritas Investment Partners Inc. increased its stake in shares of Rezolve AI by 32.1% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 12,254 shares of the company’s stock valued at $61,000 after purchasing an additional 2,975 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of Rezolve AI by 11.8% during the 3rd quarter. SBI Securities Co. Ltd. now owns 30,621 shares of the company’s stock worth $152,000 after buying an additional 3,242 shares in the last quarter. California State Teachers Retirement System raised its holdings in shares of Rezolve AI by 72.3% during the 4th quarter. California State Teachers Retirement System now owns 11,042 shares of the company’s stock worth $28,000 after buying an additional 4,633 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Rezolve AI by 11.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 50,617 shares of the company’s stock worth $130,000 after buying an additional 5,197 shares during the last quarter. 27.96% of the stock is owned by institutional investors.

Rezolve AI Stock Down 1.8%

Shares of Rezolve AI stock opened at $2.23 on Wednesday. The business has a fifty day simple moving average of $2.96 and a two-hundred day simple moving average of $3.83. Rezolve AI has a 1 year low of $1.07 and a 1 year 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.