Rothschild Redb Upgrades Klarna Group (NYSE:KLAR) to "Hold"

Key Points

• Rothschild Redb upgraded Klarna Group to a "hold" rating, reflecting a cautious outlook on the company's performance.
• Multiple analysts provided varying ratings for Klarna Group, with prices targets ranging from $46.00 to $55.00, showing a consensus average price target of $49.64.
• Klarna Group's stock experienced a 2.0% decline recently, with current trading around $41.42, below its one-year high of $57.20.

Klarna Group (NYSE:KLAR - Get Free Report) was upgraded by research analysts at Rothschild Redb to a "hold" rating in a note issued to investors on Monday,Zacks.com reports.

Other equities research analysts have also recently issued reports about the company. UBS Group started coverage on Klarna Group in a research note on Monday. They set a "buy" rating and a $48.00 target price on the stock. JPMorgan Chase & Co. started coverage on Klarna Group in a research note on Monday. They issued an "overweight" rating and a $50.00 price objective on the stock. Bank of America started coverage on Klarna Group in a research note on Monday. They issued a "buy" rating and a $51.00 price objective on the stock. The Goldman Sachs Group started coverage on Klarna Group in a research note on Monday. They issued a "buy" rating and a $55.00 price objective on the stock. Finally, Rothschild & Co Redburn started coverage on Klarna Group in a research note on Monday. They issued a "neutral" rating and a $46.00 price objective on the stock. Ten analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Klarna Group has an average rating of "Moderate Buy" and a consensus target price of $49.64.

Klarna Group Stock Down 2.0%

NYSE KLAR opened at $41.42 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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