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

Rezolve AI Limited (NASDAQ:RZLV) has been assigned a consensus rating of “Buy” from the seven research firms that are presently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $6.40.

A number of analysts have recently commented on RZLV shares. Northland Securities initiated coverage on shares of Rezolve AI in a report on Wednesday, December 18th. They set an “outperform” rating and a $5.00 target price on the stock. Cantor Fitzgerald assumed coverage on shares of Rezolve AI in a research note on Thursday, December 5th. They set an “overweight” rating and a $5.00 price objective on the stock. Roth Capital raised shares of Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 10th. Maxim Group began coverage on Rezolve AI in a research report on Thursday. They issued a “buy” rating and a $10.00 price target on the stock. Finally, Roth Mkm initiated coverage on Rezolve AI in a research report on Tuesday, December 10th. They set a “buy” rating and a $4.00 price objective for the company.

Rezolve AI Price Performance

NASDAQ:RZLV opened at $3.01 on Tuesday. The stock has a 50-day moving average of $2.97. Rezolve AI has a 12 month low of $1.57 and a 12 month high of $12.29.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. acquired a new position in Rezolve AI Limited (NASDAQ:RZLV) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 SEC filing. Institutional investors own 27.96% of the company’s stock.

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.