Klarna Group (NYSE:KLAR) Now Covered by UBS Group

Key Points

• UBS Group has initiated coverage of Klarna Group (NYSE:KLAR) with a "buy" rating and a price target of $48.00, indicating a potential upside of 18.25% from its previous closing price.
• Klarna Group currently holds a consensus rating of "Moderate Buy" from nine analysts, with an average target price of $49.92.
• Shares of Klarna Group opened at $40.59 on Monday, and the stock has fluctuated between a one-year low of $35.60 and a high of $57.20.

Investment analysts at UBS Group began 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. UBS Group's target price points to a potential upside of 18.25% from the company's previous close.

Several other research firms have also weighed in on KLAR. Wall Street Zen upgraded shares of Klarna Group to a "hold" rating in a report on Saturday, September 13th. Needham & Company LLC assumed coverage on Klarna Group in a report on Tuesday, September 16th. They issued a "hold" rating on the stock. Finally, Compass Point assumed coverage on Klarna Group in a research note on Tuesday, September 16th. They set a "buy" rating and a $53.00 target price for the company. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Klarna Group currently has a consensus rating of "Moderate Buy" and an average target price of $49.92.

Klarna Group Stock Down 0.4%

Shares of Klarna Group stock opened at $40.59 on Monday. Klarna Group has a one year low of $35.60 and a one 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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