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

Shares of Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the ten brokerages that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $9.00.

A number of equities analysts have issued reports on the company. Maxim Group increased their price target on Rezolve AI from $10.00 to $15.00 and gave the company a "buy" rating in a research note on Thursday, October 2nd. HC Wainwright increased their price target on Rezolve AI from $9.00 to $10.00 and gave the company a "buy" rating in a research note on Thursday, October 2nd. Cantor Fitzgerald increased their price target on Rezolve AI from $5.00 to $7.00 and gave the company an "overweight" rating in a research note on Thursday, October 2nd. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Rezolve AI in a research note on Wednesday, October 8th. Finally, Roth Capital raised their price objective on Rezolve AI from $9.00 to $12.50 and gave the stock a "buy" rating in a research note on Thursday, October 2nd.

Rezolve AI Stock Up 0.2%

Shares of NASDAQ RZLV opened at $5.46 on Thursday. The stock has a fifty day moving average price of $4.94 and a two-hundred day moving average price of $3.13. Rezolve AI has a 1 year low of $1.07 and a 1 year high of $8.45.

Institutional Investors Weigh In On Rezolve AI

Several large investors have recently modified their holdings of the stock. Geode Capital Management LLC boosted its stake in shares of Rezolve AI by 1,100.7% during the 2nd quarter. Geode Capital Management LLC now owns 1,235,467 shares of the company's stock worth $3,799,000 after acquiring an additional 1,132,569 shares in the last quarter. Brown Wealth Management LLC bought a new stake in shares of Rezolve AI during the 2nd quarter worth $615,000. Rhumbline Advisers bought a new stake in shares of Rezolve AI during the 2nd quarter worth $398,000. Schechter Investment Advisors LLC bought a new stake in shares of Rezolve AI during the 1st quarter worth $107,000. Finally, Bank of America Corp DE bought a new stake in shares of Rezolve AI during the 2nd quarter worth $159,000. 27.96% of the stock is owned by institutional investors.

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.

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