Deutsche Bank Aktiengesellschaft Begins Coverage on Klarna Group (NYSE:KLAR)

Key Points

• Deutsche Bank Aktiengesellschaft has initiated coverage on Klarna Group (NYSE:KLAR) with a buy rating and a price target of $48.00, suggesting an 18.25% upside from its current price.
• Additional analysts, including UBS Group and Compass Point, also issued buy ratings with price targets of $48.00 and $53.00 respectively, indicating a strong consensus among experts.
• Klarna Group's stock opened at $40.59, with a 52-week range between a low of $35.60 and a high of $57.20, reflecting its volatile performance since going public.

Research analysts at Deutsche Bank Aktiengesellschaft initiated coverage on shares of Klarna Group (NYSE:KLAR - Get Free Report) in a report issued on Monday,Benzinga reports. The brokerage set a "buy" rating and a $48.00 price target on the stock. Deutsche Bank Aktiengesellschaft's price objective points to a potential upside of 18.25% from the company's current price.

Several other analysts have also recently issued reports on the company. UBS Group assumed coverage on Klarna Group in a research note on Monday. They issued a "buy" rating and a $48.00 price objective on the stock. Needham & Company LLC initiated coverage on Klarna Group in a research note on Tuesday, September 16th. They issued a "hold" rating on the stock. Wall Street Zen upgraded Klarna Group to a "hold" rating in a research note on Saturday, September 13th. Compass Point initiated coverage on Klarna Group in a research note on Tuesday, September 16th. They issued a "buy" rating and a $53.00 price target on the stock. Finally, Keefe, Bruyette & Woods initiated coverage on Klarna Group in a research note on Monday. They issued an "outperform" rating and a $52.00 price target on the stock. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $49.92.

Klarna Group Stock Performance

KLAR opened at $40.59 on Monday. Klarna Group has a 52 week low of $35.60 and a 52 week 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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