Klarna Group (NYSE:KLAR) Now Covered by Citigroup

Research analysts at Citigroup started coverage on shares of Klarna Group (NYSE:KLAR) in a report issued on Monday,Benzinga reports. The brokerage set a “buy” rating and a $58.00 price target on the stock. Citigroup’s price target would suggest a potential upside of 42.89% from the company’s current price.

Other research analysts have also issued research reports about the stock. Compass Point started coverage on shares of Klarna Group in a research note on Tuesday, September 16th. They issued a “buy” rating and a $53.00 price objective on the stock. Needham & Company LLC began coverage on shares of Klarna Group in a research note on Tuesday, September 16th. They issued a “hold” rating on the stock. Morgan Stanley began coverage on Klarna Group in a research report on Monday. They set an “equal weight” rating and a $43.00 price objective for the company. Wall Street Zen raised Klarna Group to a “hold” rating in a research note on Saturday, September 13th. Finally, UBS Group started coverage on Klarna Group in a report on Monday. They issued a “buy” rating and a $48.00 price objective on the stock. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.92.

Klarna Group Price Performance

Shares of KLAR stock opened at $40.59 on Monday. Klarna Group has a 1-year low of $35.60 and a 1-year 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.