Deutsche Bank lifts target for Nordea stock to EUR 21.00

Published on 10/08/2026 at 11:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordea posted EUR 1.608 billion operating profit in Q2 2026. Nordea stock costs EUR 16.68 on October 8, 2026 after EUR 16.92, down 1.42 percent.

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Deutsche Bank lifted its target for Nordea stock from EUR 20.00 to EUR 21.00 on October 8, 2026, according to Affärsvärlden. The higher target puts the bank's latest view 25.90 percent above the Lang & Schwarz price of EUR 16.68.

Target rises as results approach

The target change arrives before Nordea's scheduled third-quarter report on October 15, 2026. TradingView lists October 15 as the next report date and identifies the report period as the third quarter of 2026.

For investors, the key comparison is valuation against operating performance. Nordea generated EUR 1.608 billion of operating profit in the second quarter of 2026, up from EUR 1.444 billion in the first quarter, while earnings per share increased from EUR 0.32 to EUR 0.36 over the same periods.

Profitability remains the key figure

Nordea reported 15.90 percent return on equity for the second quarter of 2026 and total assets of EUR 712.0 billion at June 30, 2026. Its CET1 ratio was 15.70 percent, 1.90 percentage points above regulatory requirements, while the cost-to-income ratio was 44.00 percent.

The figures give the target increase a specific operating backdrop: the bank combined higher quarterly operating profit with a 15.90 percent return on equity. The scheduled third-quarter report will show whether that profitability level carried into the next reporting period.

Nordea stock trades below its prior close

Nordea stock was trading at EUR 16.68 at Lang & Schwarz on October 8, 2026 at 11:32 a.m. CEST, down 1.42 percent versus the Lang & Schwarz prior close of EUR 16.92 on October 7, 2026. The primary listing is on Nasdaq Helsinki, where the quotation currency is EUR.

The bank's market capitalization was EUR 56.6 billion on October 8, 2026, and its 52-week range was EUR 13.81 to EUR 18.11. The further course of trading is shown by the continuously updated real-time quote of Nordea stock.