Rezolve AI PLC (NASDAQ:RZLV) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Rezolve AI PLC (NASDAQ:RZLV) have earned an average recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $11.00.

Several research firms have issued reports on RZLV. Northland Securities lifted their target price on Rezolve AI from $5.00 to $7.00 and gave the company an “outperform” rating in a research note on Thursday, October 2nd. Cantor Fitzgerald restated an “overweight” rating and issued a $8.00 price target on shares of Rezolve AI in a report on Wednesday, January 14th. Wall Street Zen lowered shares of Rezolve AI from a “hold” rating to a “sell” rating in a research note on Saturday, October 11th. Industrial Alliance Securities set a $14.00 target price on shares of Rezolve AI in a research report on Wednesday, January 14th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Rezolve AI in a research note on Wednesday, October 8th.

Institutional Investors Weigh In On Rezolve AI

A number of institutional investors and hedge funds have recently modified their holdings of the company. Ameritas Investment Partners Inc. purchased a new position in Rezolve AI in the second quarter valued at $29,000. Hartford Financial Management Inc. purchased a new stake in shares of Rezolve AI during the second quarter worth about $31,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Rezolve AI during the 2nd quarter worth about $31,000. Legal & General Group Plc acquired a new position in shares of Rezolve AI during the 2nd quarter worth about $31,000. Finally, AXQ Capital LP purchased a new position in Rezolve AI in the 3rd quarter valued at about $54,000. Institutional investors and hedge funds own 27.96% of the company’s stock.

Rezolve AI Price Performance

Shares of RZLV opened at $3.14 on Friday. Rezolve AI has a 12-month low of $1.07 and a 12-month high of $8.45. The firm has a fifty day moving average price of $3.06 and a 200-day moving average price of $3.84.

About Rezolve AI

Rezolve AI, Inc operates a cloud-based engagement platform that connects physical world touchpoints to digital experiences. Through its proprietary Rezolve platform, the company enables brands and marketers to deploy interactive mobile campaigns triggered by NFC-enabled tags, QR codes, short URLs and other proximity-based technologies. These campaigns facilitate in-the-moment product demonstrations, digital promotions and seamless e-commerce transactions without the need to download a dedicated app.

The company’s platform includes a no-code campaign management portal, real-time analytics dashboard and integration tools for customer relationship management, payment processing and third-party marketing systems.