Rezolve AI PLC (NASDAQ:RZLV) Receives Average Recommendation of “Buy” from Analysts

Rezolve AI PLC (NASDAQ:RZLV) has received an average recommendation of “Buy” from the eight research firms that are presently covering the company, MarketBeat reports. Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $6.00.

Several brokerages have recently issued reports on RZLV. Roth Mkm reissued a “buy” rating and set a $4.00 price target on shares of Rezolve AI in a report on Wednesday, March 19th. HC Wainwright reissued a “buy” rating and set a $4.00 price target on shares of Rezolve AI in a report on Friday, June 13th.

Rezolve AI Stock Performance

NASDAQ:RZLV opened at $1.98 on Friday. Rezolve AI has a 12-month low of $1.07 and a 12-month high of $12.29. The business has a 50 day simple moving average of $1.95 and a 200 day simple moving average of $2.27.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. acquired a new position in Rezolve AI during the 4th quarter worth $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. FNY Investment Advisers LLC bought a new position in Rezolve AI in the 1st quarter valued at about $30,000. Finally, RPO LLC bought a new position in Rezolve AI in the 4th quarter valued at about $108,000. Institutional investors and hedge funds 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.