UBS Group Initiates Coverage on Klarna Group (NYSE:KLAR)

Investment analysts at UBS Group started coverage on shares of Klarna Group (NYSE:KLAR) in a research report issued to clients and investors on Monday,Benzinga reports. The firm set a “buy” rating and a $48.00 price target on the stock. UBS Group’s price objective would suggest a potential upside of 18.25% from the company’s current price.

Several other brokerages also recently weighed in on KLAR. Compass Point started coverage on shares of Klarna Group in a research note on Tuesday, September 16th. They set a “buy” rating and a $53.00 target price for the company. Wall Street Zen raised shares of Klarna Group to a “hold” rating in a research note on Saturday, September 13th. Finally, Needham & Company LLC started coverage on shares of Klarna Group in a research note on Tuesday, September 16th. They issued a “hold” rating for the company. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Klarna Group currently has an average rating of “Moderate Buy” and an average price target of $49.92.

Klarna Group Stock Down 0.4%

Shares of NYSE 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.

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.