Klarna Group plc (NYSE:KLAR) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Klarna Group plc (NYSE:KLAR) have been assigned an average rating of “Moderate Buy” from the twenty research firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $47.0667.

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. reduced their price target on shares of Klarna Group from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 19th. Rothschild & Co Redburn started coverage on shares of Klarna Group in a research note on Monday, October 6th. They issued a “neutral” rating and a $46.00 target price on the stock. BNP Paribas upgraded shares of Klarna Group to a “hold” rating in a report on Monday, October 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Klarna Group in a report on Monday. Finally, Sanford C. Bernstein began coverage on Klarna Group in a research report on Monday, October 6th. They issued a “market perform” rating and a $45.00 price objective on the stock.

Hedge Funds Weigh In On Klarna Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Robeco Institutional Asset Management B.V. purchased a new stake in shares of Klarna Group during the third quarter valued at approximately $2,199,000. SG Americas Securities LLC acquired a new stake in Klarna Group during the 3rd quarter valued at $868,000. Walmart Inc. purchased a new stake in Klarna Group during the 3rd quarter worth $87,960,000. Sumitomo Mitsui Trust Group Inc. acquired a new position in Klarna Group in the 3rd quarter worth $19,406,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Klarna Group in the 3rd quarter valued at about $295,000.

Klarna Group Price Performance

Shares of NYSE:KLAR opened at $30.75 on Friday. The business’s 50-day moving average price is $33.92. Klarna Group has a 1 year low of $27.90 and a 1 year high of $57.20.

Klarna Group Company Profile

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.