Deutsche Bank raises target for SEB A stock to SEK 206

Published on 10/08/2026 at 11:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank reiterated Hold with a SEK 206 target, up from SEK 197. SEB A stock costs EUR 19.98 on October 8, 2026 after EUR 20.21, minus 1.14 percent.

SW-Reportage eines Handelssaals, Symbolbild für Skandinaviska Enskilda Banken — Schwarzweiß-Reportage vom Handelssaal illustriert Investment-Banking-Geschäft von Skandinaviska Enskilda Banken, ISIN SE0000148884, an Nasdaq Stockholm, Illustration mit AI erstellt.

SEB A (ISIN SE0000148884) was trading at EUR 19.98 at Lang & Schwarz on October 8, 2026 at 11:00 a.m. CEST, down 1.14 percent versus the prior close of EUR 20.21. Deutsche Bank raised its target for SEB A from SEK 197 to SEK 206 and reiterated Hold on October 8, 2026, according to MarketScreener.

Target rises while rating stays Hold

The move takes Deutsche Bank's target to SEK 206, but the bank kept its Hold view. The target remains below the SEK 223.50 primary-exchange price reported by the finance quote at 11:02 a.m. CEST on October 8, 2026, a gap of 7.83 percent.

That difference matters because the target revision is positive on valuation but not a bullish rating change. The 52-week range on Nasdaq Stockholm was SEK 168.20 to SEK 238.50 as of October 8, 2026, placing the primary-exchange price 6.29 percent below the high.

Second-quarter profit supports the case

SEB reported net income of SEK 8.664 billion in the second quarter of 2026, compared with SEK 8.253 billion in the second quarter of 2025. The figure was accompanied by earnings per share of SEK 4.39, versus SEK 4.08 a year earlier, according to Affarsvarlden.

For investors, the comparison shows that the bank entered the leadership transition with higher quarterly profit and earnings per share than a year earlier. SEB's latest investor-relations page identifies the second-quarter 2026 report as its latest report and describes the group as a northern European financial services provider.

Leadership change precedes October results

SEB's board appointed Jonas Ahlstrom as acting President and CEO after Johan Torgeby resigned on October 6, 2026 for personal and family-related reasons. The appointment remains subject to regulatory approval, and the board began a search for a permanent successor, according to SEB.

The bank also repurchased 185,000 Class A shares for SEK 43.259 million between September 28 and October 2, 2026. The purchases formed part of a SEK 1.25 billion program running through October 20, 2026, according to SEB.

SEB is scheduled to publish its third-quarter 2026 results on October 22, 2026, according to the bank's invitation published on October 5, 2026. That report will give the market a fresh operating checkpoint while the search for a permanent CEO continues, with the next earnings date reported by SEB.

SEB A stays below its yearly high

At Nasdaq Stockholm, SEB A was trading at SEK 223.50 on October 8, 2026 at 11:02 a.m. CEST, while the Lang & Schwarz indication for German investors stood at EUR 19.98 at 11:00 a.m. CEST. The euro quote was down 1.14 percent against the Lang & Schwarz prior close of EUR 20.21 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of SEB A stock.