Analysts Set Rezolve AI Limited (NASDAQ:RZLV) Price Target at $5.50

Shares of Rezolve AI Limited (NASDAQ:RZLV) have been given an average rating of “Buy” by the seven research firms that are currently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $6.40.

RZLV has been the subject of several research reports. Northland Capmk raised Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 17th. Northland Securities assumed coverage on Rezolve AI in a report on Wednesday, December 18th. They issued an “outperform” rating and a $5.00 price objective for the company. Maxim Group initiated coverage on Rezolve AI in a research report on Thursday, January 16th. They set a “buy” rating and a $10.00 price objective for the company. Cantor Fitzgerald began coverage on shares of Rezolve AI in a research report on Thursday, December 5th. They issued an “overweight” rating and a $5.00 target price on the stock. Finally, D. Boral Capital reaffirmed a “buy” rating and set a $8.00 target price on shares of Rezolve AI in a research note on Friday, December 20th.

Rezolve AI Stock Down 5.6 %

RZLV stock opened at $2.84 on Tuesday. Rezolve AI has a 1 year low of $1.57 and a 1 year high of $12.29. The business has a 50-day moving average of $2.91.

Hedge Funds Weigh In On Rezolve AI

An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. purchased a new position in Rezolve AI Limited (NASDAQ:RZLV) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 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 at the end of the most recent reporting period. Hedge funds and other institutional investors own 27.96% of the company’s stock.

Rezolve AI Company Profile

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.