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

Rezolve AI PLC (NASDAQ:RZLV) has been given an average rating of “Moderate Buy” by the eight research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and seven have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $9.2857.

Several equities research analysts have weighed in on RZLV shares. HC Wainwright reiterated a “buy” rating and issued a $10.00 target price on shares of Rezolve AI in a report on Friday, December 19th. Maxim Group lifted their target price on Rezolve AI from $10.00 to $15.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Wall Street Zen downgraded Rezolve AI from a “hold” rating to a “sell” rating in a report on Saturday, October 11th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Rezolve AI in a research report on Wednesday, October 8th. Finally, Northland Securities boosted their price objective on Rezolve AI from $5.00 to $7.00 and gave the company an “outperform” rating in a research report on Thursday, October 2nd.

Institutional Investors Weigh In On Rezolve AI

A number of hedge funds and other institutional investors have recently made changes to their positions in RZLV. Alyeska Investment Group L.P. bought a new position in Rezolve AI during the 3rd quarter worth about $120,880,000. Geode Capital Management LLC boosted its position in shares of Rezolve AI by 1,100.7% during the second quarter. Geode Capital Management LLC now owns 1,235,467 shares of the company’s stock worth $3,799,000 after buying an additional 1,132,569 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of Rezolve AI by 13,595.5% during the third quarter. BNP Paribas Financial Markets now owns 1,054,552 shares of the company’s stock worth $5,252,000 after buying an additional 1,046,852 shares in the last quarter. Vanguard Group Inc. raised its position in Rezolve AI by 51.3% in the 3rd quarter. Vanguard Group Inc. now owns 972,586 shares of the company’s stock valued at $4,843,000 after buying an additional 329,568 shares during the last quarter. Finally, UBS Group AG lifted its stake in Rezolve AI by 153.5% in the 3rd quarter. UBS Group AG now owns 512,611 shares of the company’s stock valued at $2,553,000 after acquiring an additional 310,371 shares in the last quarter. 27.96% of the stock is currently owned by institutional investors and hedge funds.

Rezolve AI Trading Up 11.1%

Shares of NASDAQ:RZLV opened at $3.19 on Tuesday. The firm’s 50 day simple moving average is $3.07 and its 200 day simple moving average is $3.75. 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.