Rezolve AI Limited (NASDAQ:RZLV) Given Consensus Rating of “Buy” by Analysts

Shares of Rezolve AI Limited (NASDAQ:RZLV) have earned an average rating of “Buy” from the six research firms that are presently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $5.50.

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

Institutional Trading of Rezolve AI

A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. purchased a new stake in Rezolve AI Limited (NASDAQ:RZLV) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned 0.08% of Rezolve AI as of its most recent filing with the SEC. Hedge funds and other institutional investors own 27.96% of the company’s stock.

Rezolve AI Stock Performance

Shares of RZLV stock opened at $4.62 on Friday. Rezolve AI has a fifty-two week low of $1.57 and a fifty-two week high of $12.29. The company has a fifty day moving average price of $3.40.

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.