Exane raises target for Sabadell stock from EUR 3.50 to EUR 4.30

Published on 10/05/2026 at 15:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sabadell posted EUR 971.0 million net profit in the first half of 2026. Sabadell stock costs EUR 3.55 after EUR 3.50.

Extreme Nahaufnahme von Euro-Geldscheinen und glänzenden Münzen mit feiner Textur — Makroaufnahme von Euro-Banknoten und Münzen verdeutlicht das Kerngeschäft der Banco Sabadell S.A., ISIN ES0113860A34, Bankwesen, Illustration mit AI erstellt.

Banco de Sabadell (ISIN ES0113860A34) was trading at EUR 3.55 at Lang & Schwarz on October 5, 2026 at 3:30 p.m. CEST, up 1.43 percent versus the EUR 3.50 prior close. On September 24, Exane BNP Paribas raised its Banco Sabadell target from EUR 3.50 to EUR 4.30 and upgraded the rating from Neutral to Outperform, as Estrategias de Inversion reported.

Exane target sets the benchmark

The new EUR 4.30 target stands 21.13 percent above the Lang & Schwarz price of EUR 3.55. Exane's change matters because the previous EUR 3.50 target was below the October 5 quote, while the new valuation places the stock above its current market level.

The official Banco Sabadell analyst table lists Exane's September 24, 2026 target at EUR 4.30 with a Buy recommendation. The same table shows UBS at EUR 3.95 with a Neutral rating on September 23, creating a visible gap between the most optimistic and more cautious views, according to Banco Sabadell.

Profit and capital return support

Banco Sabadell reported EUR 971.0 million of net profit in the first half of 2026, down 0.50 percent from the EUR 976.0 million reported for the comparable period, according to Iberempresa. The bank also announced a EUR 331.0 million share buyback, giving the earnings update a direct capital-return component.

The official investor page records 4,780.88 million outstanding shares at the end of June 2026 and a June market capitalization of EUR 14.8 billion. It also records a July 31, 2026 capital reduction of 119.75 million shares, a concrete reduction in the share count that helps explain why per-share valuation remains central to the analyst debate.

Results date gives the next test

Banco Sabadell's investor calendar schedules third-quarter 2026 financial results for October 29, 2026 at 8:00 a.m. CET. That date gives investors a defined checkpoint for testing whether the first-half profit level and the analyst assumptions behind the EUR 4.30 target are carrying into the second half, according to Banco Sabadell.

Stock remains below yearly high

Banco Sabadell's 52-week range is EUR 2.79 to EUR 3.77, putting the Lang & Schwarz price EUR 0.22 below the high and EUR 0.76 above the low. The market capitalization was EUR 17.4 billion at the October 5, 2026 quote, while the primary listing is on BME under ticker SAB.MC.

Banco Sabadell was trading at EUR 3.55 at Lang & Schwarz on October 5, 2026 at 3:30 p.m. CEST, plus 1.43 percent versus the EUR 3.50 prior close of October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Sabadell stock.