Klarna Group (NYSE:KLAR) Coverage Initiated by Analysts at Bank of America

Bank of America assumed coverage on shares of Klarna Group (NYSE:KLAR) in a research note published on Monday morning, Marketbeat.com reports. The brokerage issued a buy rating and a $51.00 price objective on the stock.

Several other brokerages also recently weighed in on KLAR. Keefe, Bruyette & Woods initiated coverage on shares of Klarna Group in a research report on Monday. They set an “outperform” rating and a $52.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of Klarna Group in a research report on Monday. They issued a “buy” rating and a $55.00 price target for the company. JPMorgan Chase & Co. started coverage on Klarna Group in a research report on Monday. They set an “overweight” rating and a $50.00 target price on the stock. Morgan Stanley began coverage on Klarna Group in a research report on Monday. They issued an “equal weight” rating and a $43.00 target price for the company. Finally, UBS Group assumed coverage on Klarna Group in a research report on Monday. They set a “buy” rating and a $48.00 price target on the stock. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Klarna Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $49.64.

Klarna Group Stock Performance

Shares of NYSE KLAR opened at $42.22 on Monday. Klarna Group has a fifty-two week low of $35.60 and a fifty-two week 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.