Brokerages Set Rezolve AI PLC (NASDAQ:RZLV) PT at $6.36

Rezolve AI PLC (NASDAQ:RZLV) has received a consensus rating of “Buy” from the nine ratings firms that are presently covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $6.3571.

RZLV has been the topic of a number of recent analyst reports. Alliance Global Partners assumed coverage on Rezolve AI in a research report on Friday, August 1st. They issued a “buy” rating and a $8.50 target price on the stock. HC Wainwright restated a “buy” rating and issued a $4.00 price target on shares of Rezolve AI in a research note on Friday, June 13th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Ameritas Investment Partners Inc. acquired a new stake in shares of Rezolve AI during the 2nd quarter valued at $29,000. Hartford Financial Management Inc. bought a new position in Rezolve AI in the second quarter valued at about $31,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Rezolve AI during the second quarter valued at about $31,000. Legal & General Group Plc acquired a new stake in shares of Rezolve AI during the second quarter valued at about $31,000. Finally, Vanguard Personalized Indexing Management LLC bought a new stake in shares of Rezolve AI during the second quarter worth about $57,000. 27.96% of the stock is currently owned by institutional investors.

Rezolve AI Price Performance

Rezolve AI stock opened at $3.74 on Wednesday. Rezolve AI has a 52 week low of $1.07 and a 52 week high of $10.76. The stock has a fifty day moving average of $2.92 and a 200-day moving average of $2.24.

About Rezolve AI

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.