Deutsche Bank raises Nordea target to EUR 20 for Nordea stock
Published on 10/06/2026 at 14:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Deutsche Bank Research raised its Nordea target from EUR 19.00 to EUR 20.00 on September 16, 2026, while keeping a Buy rating, as FinanzNachrichten reported. The Nordea share was trading at EUR 17.20 at Lang & Schwarz on October 6, 2026 at 2:05 p.m. CEST, plus 0.06 percent versus the EUR 17.19 prior close.
Target rises above the share price
The new EUR 20.00 target is 16.28 percent above the Lang & Schwarz price of EUR 17.20. Deutsche Bank Research cited Nordea profitability, solid earnings and a reduced valuation premium for Nordic banks in its assessment, according to FinanzNachrichten.
The target change gives the current quote a specific valuation reference, but it does not change the company reporting calendar. Nordea is listed on Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq Stockholm, with Nasdaq Helsinki serving as the primary exchange for the ordinary share.
Q2 profitability sets the baseline
Nordea reported EUR 1.608 billion in operating profit in the second quarter of 2026, while return on equity reached 15.90 percent. Total income rose 4.00 percent year over year in the same period, and total assets stood at EUR 712.0 billion, according to Nordea.
The combination of a 15.90 percent return on equity and EUR 1.608 billion operating profit explains why profitability remains central to the analyst view. The next test is the third-quarter report, which will show how interest income and costs developed after the second-quarter income increase.
Third-quarter date is set
Nordea will publish its third-quarter 2026 results on October 15, 2026, with the report scheduled for release before the investor webcast, according to the company press release dated October 1, 2026. The announcement also names President and Group CEO Frank Vang-Jensen and Group CFO Ian Smith among the presentation participants, as Nordea said.
The stock therefore enters the reporting date with a EUR 20.00 analyst target against a EUR 17.20 intraday quote. The next earnings release will provide the clearest new comparison for the 4.00 percent second-quarter income growth.
The further course of trading is shown by the continuously updated real-time quote of Nordea stock.
Nordea stock facts
- Company: Nordea Bank Abp
- ISIN: FI4000297767
- Ticker: NDA FI.HE
- Primary exchange: Nasdaq Helsinki
- Price Lang & Schwarz as of October 6, 2026, 2:05 p.m. CEST: EUR 17.20
- Change versus prior close: plus 0.06 percent
- Prior close Lang & Schwarz October 5, 2026: EUR 17.19
- Sector / Industry: Financial Services / Banks - Regional
- Next earnings date: October 15, 2026
