Rezolve AI PLC (NASDAQ:RZLV) Receives $11.00 Consensus Target Price from Brokerages

Shares of Rezolve AI PLC (NASDAQ:RZLV) have earned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $11.00.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Rezolve AI in a research note on Friday, July 17th.

Institutional Investors Weigh In On Rezolve AI

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sei Investments Co. boosted its holdings in shares of Rezolve AI by 28.2% in the first quarter. Sei Investments Co. now owns 17,781 shares of the company’s stock worth $46,000 after acquiring an additional 3,912 shares during the period. Diversified Trust Co raised its stake in shares of Rezolve AI by 26.0% during the 1st quarter. Diversified Trust Co now owns 19,148 shares of the company’s stock valued at $49,000 after purchasing an additional 3,946 shares during the period. California State Teachers Retirement System raised its stake 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 valued at $28,000 after purchasing an additional 4,633 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in Rezolve AI by 10.0% during the 1st quarter. The Manufacturers Life Insurance Company now owns 55,694 shares of the company’s stock worth $143,000 after purchasing an additional 5,077 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in Rezolve AI by 51.5% during the 1st quarter. Principal Financial Group Inc. now owns 16,044 shares of the company’s stock worth $41,000 after purchasing an additional 5,456 shares in the last quarter. Institutional investors own 27.96% of the company’s stock.

Rezolve AI Trading Down 3.3%

Shares of NASDAQ:RZLV opened at $2.31 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21. Rezolve AI has a twelve month low of $2.05 and a twelve month high of $8.45. The company has a 50-day moving average price of $2.60 and a two-hundred day moving average price of $2.72.

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.