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

Shares of Rezolve AI PLC (NASDAQ:RZLV) have been given a consensus recommendation of “Moderate Buy” by the seven research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $11.00.

A number of brokerages recently issued reports on RZLV. Weiss Ratings restated a “sell (e+)” rating on shares of Rezolve AI in a report on Thursday, January 22nd. iA Financial set a $14.00 price target on shares of Rezolve AI in a research report on Wednesday, January 14th. HC Wainwright reissued a “buy” rating and issued a $12.00 price target on shares of Rezolve AI in a report on Wednesday, February 11th. Cantor Fitzgerald restated an “overweight” rating and issued a $8.00 price objective on shares of Rezolve AI in a research report on Wednesday, January 14th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of Rezolve AI in a report on Wednesday, January 14th.

Institutional Investors Weigh In On Rezolve AI

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Alyeska Investment Group L.P. acquired a new stake in Rezolve AI in the third quarter valued at $120,880,000. State Street Corp raised its holdings in shares of Rezolve AI by 15.2% in the 4th quarter. State Street Corp now owns 2,534,611 shares of the company’s stock valued at $6,514,000 after purchasing an additional 333,790 shares during the period. Geode Capital Management LLC lifted its stake in Rezolve AI by 21.0% in the 4th quarter. Geode Capital Management LLC now owns 2,386,363 shares of the company’s stock valued at $6,133,000 after purchasing an additional 413,539 shares during the last quarter. Jump Financial LLC bought a new position in Rezolve AI during the fourth quarter worth about $4,506,000. Finally, Goldman Sachs Group Inc. increased its position in Rezolve AI by 340.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,078,863 shares of the company’s stock worth $2,773,000 after buying an additional 833,964 shares during the last quarter. Institutional investors and hedge funds own 27.96% of the company’s stock.

Rezolve AI Price Performance

Shares of Rezolve AI stock opened at $2.23 on Wednesday. The firm has a 50 day simple moving average of $2.96 and a 200 day simple moving average of $3.83. Rezolve AI has a fifty-two week low of $1.07 and a fifty-two week high of $8.45.

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.