Rezolve AI Limited (NASDAQ:RZLV) Given Consensus Recommendation of “Buy” by Analysts

Shares of Rezolve AI Limited (NASDAQ:RZLV) have received an average rating of “Buy” from the six analysts that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $5.50.

RZLV has been the subject of several recent research reports. Roth Capital raised Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 10th. D. Boral Capital reaffirmed a “buy” rating and set a $8.00 price target on shares of Rezolve AI in a research report on Friday, December 20th. Cantor Fitzgerald assumed coverage on Rezolve AI in a research report on Thursday, December 5th. They issued an “overweight” rating and a $5.00 price objective for the company. Northland Capmk upgraded Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 17th. Finally, Roth Mkm initiated coverage on Rezolve AI in a report on Tuesday, December 10th. They issued a “buy” rating and a $4.00 price target for the company.

Rezolve AI Stock Performance

Shares of RZLV stock opened at $2.40 on Tuesday. The company’s 50 day simple moving average is $3.12. Rezolve AI has a 52-week low of $1.57 and a 52-week high of $12.29.

Hedge Funds Weigh In On Rezolve AI

A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. acquired a new stake in shares of Rezolve AI Limited (NASDAQ:RZLV) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned about 0.08% of Rezolve AI as of its most recent filing with the SEC. 27.96% of the stock is owned by institutional investors.

About Rezolve AI

Rezolve 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.