Brokerages Set Rezolve AI Limited (NASDAQ:RZLV) PT at $6.00

Rezolve AI Limited (NASDAQ:RZLV) has earned an average rating of “Buy” from the eight research firms that are covering the firm, Marketbeat.com reports. Six 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 $6.00.

RZLV has been the subject of several recent research reports. HC Wainwright reissued a “buy” rating and set a $4.00 price target on shares of Rezolve AI in a report on Tuesday, April 29th. Roth Mkm restated a “buy” rating and issued a $4.00 price target on shares of Rezolve AI in a research report on Wednesday, March 19th.

Institutional Trading of Rezolve AI

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Polar Asset Management Partners Inc. purchased a new stake in shares of Rezolve AI during the fourth quarter worth about $4,149,000. Jane Street Group LLC purchased a new stake in shares of Rezolve AI during the fourth quarter worth about $1,650,000. Blue Owl Capital Holdings LP purchased a new stake in shares of Rezolve AI during the fourth quarter worth about $670,000. Geode Capital Management LLC purchased a new stake in shares of Rezolve AI during the fourth quarter worth about $393,000. Finally, NewEdge Advisors LLC purchased a new stake in shares of Rezolve AI during the fourth quarter worth about $386,000. Hedge funds and other institutional investors own 27.96% of the company’s stock.

Rezolve AI Trading Down 3.7%

Rezolve AI stock opened at $2.11 on Monday. Rezolve AI has a one year low of $1.07 and a one year high of $12.29. The stock has a fifty day moving average of $1.72 and a 200 day moving average of $2.38.

Rezolve AI Company Profile

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.