Klarna Group plc (NYSE:KLAR) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Klarna Group plc (NYSE:KLAR) have received a consensus recommendation of “Moderate Buy” from the twenty brokerages that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $47.0667.

KLAR has been the subject of a number of analyst reports. The Goldman Sachs Group began coverage on shares of Klarna Group in a research report on Monday, October 6th. They issued a “buy” rating and a $55.00 price objective for the company. Bank of America lowered their target price on shares of Klarna Group from $51.00 to $46.00 and set a “buy” rating for the company in a research note on Tuesday, November 18th. Weiss Ratings reissued a “sell (e+)” rating on shares of Klarna Group in a research note on Monday. JPMorgan Chase & Co. decreased their price objective on Klarna Group from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Wednesday, November 19th. Finally, UBS Group dropped their target price on Klarna Group from $48.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, November 20th.

Klarna Group Price Performance

Shares of KLAR stock opened at $30.75 on Friday. The company has a 50-day moving average price of $33.92. Klarna Group has a twelve month low of $27.90 and a twelve month high of $57.20.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. US Bancorp DE acquired a new stake in shares of Klarna Group in the third quarter worth approximately $30,000. BIT Capital GmbH purchased a new position in Klarna Group during the third quarter worth approximately $37,000. Allworth Financial LP purchased a new position in Klarna Group during the third quarter worth approximately $37,000. TD Waterhouse Canada Inc. acquired a new position in shares of Klarna Group in the 3rd quarter valued at $43,000. Finally, Compagnie Lombard Odier SCmA purchased a new stake in shares of Klarna Group during the 3rd quarter valued at $42,000.

About Klarna Group

Klarna Group is a global payments provider specializing in “buy now, pay later” (BNPL) solutions for online and in-store shoppers. The company partners with merchants to offer flexible payment options, including interest-free installments and deferred payments, aiming to enhance conversion rates and customer loyalty. Klarna’s platform integrates risk assessment, fraud prevention, and a one-click checkout experience to streamline transactions for both retailers and consumers.

Through its digital wallet and mobile app, Klarna enables users to manage purchases, track spending and access exclusive shopping offers from partner merchants.