Klarna Group (NYSE:KLAR) Now Covered by Analysts at Wolfe Research

Key Points

• Wolfe Research has initiated coverage on Klarna Group with an "outperform" rating and a price target of $50.00, indicating a potential upside of 23.18% from the current stock price.
• Multiple analysts have recently set price objectives ranging from $45.00 to $58.00, with a consensus target price of $49.92 based on nine "Buy" ratings and four "Hold" ratings.
• Klarna Group's stock opened at $40.59 on Monday and has seen a 1-year price range between $35.60 and $57.20.

Analysts at Wolfe Research initiated 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 $50.00 price target on the stock. Wolfe Research's price target would suggest a potential upside of 23.18% from the stock's current price.

Several other analysts also recently commented on KLAR. JPMorgan Chase & Co. initiated coverage on shares of Klarna Group in a research report on Monday. They set an "overweight" rating and a $50.00 price objective on the stock. The Goldman Sachs Group initiated coverage on shares of Klarna Group in a research report on Monday. They set a "buy" rating and a $55.00 price objective on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Klarna Group in a research report on Monday. They set a "buy" rating and a $48.00 price objective on the stock. Sanford C. Bernstein initiated coverage on shares of Klarna Group in a research report on Monday. They set a "market perform" rating and a $45.00 price objective on the stock. Finally, Citigroup started coverage on shares of Klarna Group in a research report on Monday. They set a "buy" rating and a $58.00 price objective on the stock. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, Klarna Group presently has an average rating of "Moderate Buy" and a consensus target price of $49.92.

Klarna Group Stock Down 0.4%

NYSE:KLAR opened at $40.59 on Monday. Klarna Group has a 1-year low of $35.60 and a 1-year high of $57.20.

About Klarna Group

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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