Rezolve AI PLC (NASDAQ:RZLV) Receives Average Recommendation of "Buy" from Brokerages

Shares of Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) have been given a consensus rating of "Buy" by the eight research firms that are currently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $6.00.

RZLV has been the topic of a number of research reports. Roth Mkm reaffirmed a "buy" rating and set a $4.00 target price on shares of Rezolve AI in a research report on Wednesday, March 19th. HC Wainwright reiterated a "buy" rating and set a $4.00 price target on shares of Rezolve AI in a report on Friday, June 13th.

Rezolve AI Price Performance

Shares of NASDAQ:RZLV traded down $0.08 during trading on Tuesday, reaching $2.54. 5,869,357 shares of the stock were exchanged, compared to its average volume of 5,651,751. Rezolve AI has a 1-year low of $1.07 and a 1-year high of $12.29. The stock has a fifty day moving average of $2.28 and a two-hundred day moving average of $2.28.

Institutional Investors Weigh In On Rezolve AI

Several institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC bought a new position in Rezolve AI in the 4th quarter valued at $393,000. Polar Asset Management Partners Inc. purchased a new position in shares of Rezolve AI in the 4th quarter worth about $4,149,000. Blue Owl Capital Holdings LP bought a new position in Rezolve AI during the fourth quarter valued at about $670,000. Jane Street Group LLC purchased a new stake in Rezolve AI during the fourth quarter worth about $1,650,000. Finally, SBI Securities Co. Ltd. bought a new stake in Rezolve AI in the fourth quarter worth about $38,000. Institutional investors 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.