BNP Paribas Exane Initiates Coverage on Klarna Group (NYSE:KLAR)

Key Points

• BNP Paribas Exane has initiated coverage on Klarna Group with a "neutral" rating and a price target of $46.00, suggesting a potential upside of 13.33% from the current stock price.
• Other brokerages also initiated coverage, with ratings ranging from "buy" to "market perform" and price targets from $43.00 to $55.00.
• Klarna Group's stock performance shows a 12-month range with a low of $35.60 and a high of $57.20, currently opening at $40.59.

Stock analysts at BNP Paribas Exane started coverage on shares of Klarna Group (NYSE:KLAR - Get Free Report) in a report issued on Monday,Briefing.com Automated Import reports. The firm set a "neutral" rating and a $46.00 price target on the stock. BNP Paribas Exane's target price would indicate a potential upside of 13.33% from the stock's current price.

Several other brokerages have also commented on KLAR. Sanford C. Bernstein started coverage on shares of Klarna Group in a research report on Monday. They issued a "market perform" rating and a $45.00 price objective for the company. Deutsche Bank Aktiengesellschaft initiated coverage on Klarna Group in a report on Monday. They issued a "buy" rating and a $48.00 price objective on the stock. Morgan Stanley began coverage on shares of Klarna Group in a report on Monday. They issued an "equal weight" rating and a $43.00 price objective on the stock. The Goldman Sachs Group started coverage on Klarna Group in a research note on Monday. They set a "buy" rating and a $55.00 price objective for the company. Finally, Wedbush assumed coverage on Klarna Group in a research report on Monday. They set an "outperform" rating and a $50.00 price target for the company. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $49.64.

Klarna Group Stock Performance

Shares of KLAR opened at $40.59 on Monday. Klarna Group has a 12 month low of $35.60 and a 12 month high of $57.20.

Klarna Group Company Profile

Our mission is to reimagine how consumers spend and save in their daily lives. We help people save time, money and put them in control of their finances. Our vision is a world where Klarna empowers everyone, everywhere, through seamless commerce experiences-as a personalized, trusted assistant making financial empowerment effortless.

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