Klarna Group plc (NYSE:KLAR) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Klarna Group plc has received a consensus rating of "Moderate Buy" from thirteen covering brokerages, with four indicating a hold and nine providing buy recommendations.
• The average 12-month price target for Klarna shares is $49.92, with analysts from Morgan Stanley and Wolfe Research assigning price targets of $43.00 and $50.00 respectively.
• Klarna's stock trading opened at $40.59, with a recent twelve month low of $35.60 and a high of $57.20.

Shares of Klarna Group plc (NYSE:KLAR - Get Free Report) have earned a consensus rating of "Moderate Buy" from the thirteen brokerages that are presently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $49.9167.

Several research firms recently commented on KLAR. Morgan Stanley began coverage on Klarna Group in a research report on Monday. They issued an "equal weight" rating and a $43.00 price target for the company. Needham & Company LLC began coverage on Klarna Group in a research report on Tuesday, September 16th. They issued a "hold" rating for the company. Wolfe Research assumed coverage on Klarna Group in a research report on Monday. They issued an "outperform" rating and a $50.00 price target for the company. Keefe, Bruyette & Woods assumed coverage on shares of Klarna Group in a research note on Monday. They issued an "outperform" rating and a $52.00 price objective for the company. Finally, Bank of America assumed coverage on shares of Klarna Group in a research note on Monday. They issued a "buy" rating and a $51.00 price objective for the company.

Klarna Group Stock Down 0.4%

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