Klarna Group (NYSE:KLAR) Shares Gap Up – Time to Buy?

Shares of Klarna Group plc (NYSE:KLAR) gapped up before the market opened on Friday . The stock had previously closed at $40.74, but opened at $42.91. Klarna Group shares last traded at $42.88, with a volume of 1,333,304 shares traded.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Compass Point assumed coverage on Klarna Group in a research report on Tuesday, September 16th. They set a “buy” rating and a $53.00 price objective for the company. Needham & Company LLC assumed coverage on Klarna Group in a research report on Tuesday, September 16th. They set a “hold” rating for the company. Finally, Wall Street Zen upgraded Klarna Group to a “hold” rating in a research report on Saturday, September 13th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Klarna Group presently has an average rating of “Moderate Buy” and a consensus target price of $53.00.

Klarna Group Stock Down 0.4%

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.