Shares of Rezolve AI Limited (NASDAQ:RZLV - Get Free Report) have been given a consensus recommendation of "Buy" by the eight research firms that are currently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $6.00.
Several brokerages have issued reports on RZLV. Northland Securities started coverage on Rezolve AI in a research note on Wednesday, December 18th. They issued an "outperform" rating and a $5.00 target price for the company. Maxim Group began coverage on shares of Rezolve AI in a research note on Thursday, January 16th. They set a "buy" rating and a $10.00 price objective for the company. D. Boral Capital reaffirmed a "buy" rating and issued a $8.00 target price on shares of Rezolve AI in a research report on Friday, December 20th. Cantor Fitzgerald initiated coverage on Rezolve AI in a research report on Thursday, December 5th. They issued an "overweight" rating and a $5.00 target price for the company. Finally, Northland Capmk upgraded shares of Rezolve AI to a "strong-buy" rating in a research report on Tuesday, December 17th.
Read Our Latest Analysis on Rezolve AI
Rezolve AI Trading Down 5.8 %
RZLV stock traded down $0.08 during mid-day trading on Friday, hitting $1.31. 637,574 shares of the stock were exchanged, compared to its average volume of 5,187,893. The business has a fifty day moving average price of $2.12 and a 200 day moving average price of $3.46. Rezolve AI has a 12 month low of $1.19 and a 12 month high of $12.29.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. purchased a new stake in shares of Rezolve AI in the 4th quarter worth $38,000. Wolverine Asset Management LLC purchased a new stake in Rezolve AI in the fourth quarter worth about $51,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Rezolve AI in the fourth quarter worth about $88,000. RPO LLC purchased a new position in shares of Rezolve AI during the 4th quarter valued at about $108,000. Finally, Two Sigma Investments LP bought a new position in shares of Rezolve AI during the 4th quarter valued at approximately $110,000. 27.96% of the stock is currently owned by institutional investors.
About Rezolve AI
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Get Free ReportRezolve 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.
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