Klarna Group (NYSE:KLAR) Now Covered by Analysts at Keefe, Bruyette & Woods

Key Points

• Keefe, Bruyette & Woods has initiated coverage on Klarna Group (NYSE:KLAR) with an "outperform" rating and a price target of $52.00, suggesting a potential upside of 28.11% from its previous close.
• A total of nine analysts have rated Klarna Group as a buy, while four have issued a hold rating, leading to a consensus rating of "Moderate Buy" with a price target of $49.92.
• Klarna Group's stock recently opened at $40.59, with a 12-month trading range between $35.60 and $57.20.

Equities researchers at Keefe, Bruyette & Woods began coverage on shares of Klarna Group (NYSE:KLAR - Get Free Report) in a research report issued to clients and investors on Monday,Benzinga reports. The firm set an "outperform" rating and a $52.00 price target on the stock. Keefe, Bruyette & Woods' price target would suggest a potential upside of 28.11% from the company's previous close.

KLAR has been the topic of several other reports. Needham & Company LLC started coverage on shares of Klarna Group in a research report on Tuesday, September 16th. They issued a "hold" rating on the stock. Citigroup initiated coverage on shares of Klarna Group in a research report on Monday. They issued a "buy" rating and a $58.00 price target on the stock. Compass Point initiated coverage on shares of Klarna Group in a research note on Tuesday, September 16th. They set a "buy" rating and a $53.00 target price on the stock. Morgan Stanley initiated coverage on shares of Klarna Group in a research note on Monday. They set an "equal weight" rating and a $43.00 target price on the stock. Finally, UBS Group initiated coverage on shares of Klarna Group in a research note on Monday. They set a "buy" rating and a $48.00 target price on the stock. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $49.92.

Klarna Group Trading Down 0.4%

Shares of KLAR stock 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.