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

Shares of Rezolve AI PLC (NASDAQ:RZLV) have received an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $11.00.

Several brokerages recently issued reports on RZLV. HC Wainwright upped their price objective on shares of Rezolve AI from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Northland Securities upped their price target on Rezolve AI from $5.00 to $7.00 and gave the company an “outperform” rating in a research report on Thursday, October 2nd. Maxim Group increased their price target on Rezolve AI from $10.00 to $15.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Weiss Ratings reissued a “sell (e+)” rating on shares of Rezolve AI in a research note on Wednesday, October 8th. Finally, Industrial Alliance Securities set a $14.00 target price on Rezolve AI in a report on Wednesday, January 14th.

Institutional Investors Weigh In On Rezolve AI

Several hedge funds and other institutional investors have recently bought and sold shares of RZLV. Brown Wealth Management LLC purchased a new stake in shares of Rezolve AI in the 2nd quarter valued at $615,000. Vanguard Personalized Indexing Management LLC purchased a new position in Rezolve AI during the 2nd quarter valued at about $57,000. Police & Firemen s Retirement System of New Jersey acquired a new position in Rezolve AI in the 2nd quarter valued at about $62,000. ProShare Advisors LLC acquired a new position in Rezolve AI in the 2nd quarter valued at about $57,000. Finally, Hartford Financial Management Inc. purchased a new stake in Rezolve AI during the second quarter worth about $31,000. 27.96% of the stock is currently owned by institutional investors and hedge funds.

Rezolve AI Stock Down 9.0%

Rezolve AI stock opened at $3.14 on Friday. Rezolve AI has a 52-week low of $1.07 and a 52-week high of $8.45. The company has a fifty day simple moving average of $3.06 and a 200-day simple moving average of $3.84.

Rezolve AI Company Profile

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.