Rothschild & Co Redburn Begins Coverage on Klarna Group (NYSE:KLAR)

Key Points

• Rothschild & Co Redburn has initiated coverage of Klarna Group (NYSE:KLAR) with a "neutral" rating and a price target of $46.00, indicating a potential upside of 13.33% from its previous close.
• Consensus ratings for Klarna Group show a "Moderate Buy" status, with nine analysts rating it as a buy and four as a hold, while the average price target stands at $49.92.
• Klarna's stock opened at $40.59, with its twelve-month low at $35.60 and high at $57.20, reflecting volatility in its trading range.

Research analysts at Rothschild & Co Redburn began coverage on shares of Klarna Group (NYSE:KLAR - Get Free Report) in a report released on Monday,Benzinga reports. The firm set a "neutral" rating and a $46.00 price target on the stock. Rothschild & Co Redburn's price target indicates a potential upside of 13.33% from the stock's previous close.

Other equities research analysts have also issued reports about the stock. Morgan Stanley assumed coverage on shares of Klarna Group in a report on Monday. They issued an "equal weight" rating and a $43.00 target price on the stock. Compass Point initiated coverage on shares of Klarna Group in a report on Tuesday, September 16th. They issued a "buy" rating and a $53.00 target price on the stock. UBS Group assumed coverage on shares of Klarna Group in a report on Monday. They set a "buy" rating and a $48.00 price objective on the stock. Needham & Company LLC assumed coverage on shares of Klarna Group in a research note on Tuesday, September 16th. They issued a "hold" rating on the stock. Finally, 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 target on the stock. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $49.92.

Klarna Group Trading Down 0.4%

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