Equities researchers at JPMorgan Chase & Co. initiated coverage on shares of Klarna Group (NYSE:KLAR – Get Free Report) in a research note issued on Monday,Benzinga reports. The brokerage set an “overweight” rating and a $50.00 price target on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 23.18% from the stock’s current price.
Several other research firms have also commented on KLAR. Keefe, Bruyette & Woods started coverage on Klarna Group in a research report on Monday. They issued an “outperform” rating and a $52.00 price target for the company. Compass Point started coverage on Klarna Group in a research report on Tuesday, September 16th. They issued a “buy” rating and a $53.00 price target for the company. Deutsche Bank Aktiengesellschaft started coverage on Klarna Group in a research report on Monday. They issued a “buy” rating and a $48.00 price target for the company. Citigroup started coverage on Klarna Group in a research report on Monday. They issued a “buy” rating and a $58.00 price target for the company. Finally, The Goldman Sachs Group assumed coverage on Klarna Group in a research report on Monday. They issued a “buy” rating and a $55.00 price target for the company. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $49.92.
Read Our Latest Stock Analysis on KLAR
Klarna Group Trading 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.
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