Analysts Set Rezolve AI Limited (NASDAQ:RZLV) PT at $6.00

Shares of Rezolve AI Limited (NASDAQ:RZLV - Get Free Report) have earned a consensus rating of "Buy" from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $6.00.

Several analysts have commented on the stock. HC Wainwright restated a "buy" rating and set a $4.00 target price on shares of Rezolve AI in a report on Tuesday. Maxim Group initiated coverage on shares of Rezolve AI in a report on Thursday, January 16th. They set a "buy" rating and a $10.00 target price on the stock. Finally, Roth Mkm reiterated a "buy" rating and issued a $4.00 price target on shares of Rezolve AI in a report on Wednesday, March 19th.

Institutional Investors Weigh In On Rezolve AI

Several institutional investors and hedge funds have recently modified their holdings of the stock. SBI Securities Co. Ltd. bought a new stake in Rezolve AI during the 4th quarter valued at about $38,000. Wolverine Asset Management LLC bought a new stake in shares of Rezolve AI in the 4th quarter valued at approximately $51,000. B. Riley Wealth Advisors Inc. purchased a new stake in Rezolve AI in the fourth quarter worth $88,000. FNY Investment Advisers LLC purchased a new stake in shares of Rezolve AI in the 1st quarter worth $30,000. Finally, RPO LLC bought a new position in Rezolve AI in the fourth quarter worth approximately $108,000. 27.96% of the stock is owned by hedge funds and other institutional investors.

Rezolve AI Trading Up 5.3 %

RZLV stock traded up $0.12 during midday trading on Thursday, hitting $2.45. 3,677,123 shares of the company traded hands, compared to its average volume of 5,201,822. Rezolve AI has a twelve month low of $1.07 and a twelve month high of $12.29. The business has a 50 day simple moving average of $1.58 and a 200-day simple moving average of $2.75.

About Rezolve AI

Rezolve Ai Ltd. 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.