Handelsbanken raises target for Swedbank stock to SEK 452

Published on 10/14/2026 at 12:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Handelsbanken raised target to SEK 452 from SEK 413 on October 13. Swedbank stock trades at EUR 36.49 on October 14, 2026; Q3 due October 22.

Targets, earnings and trading

Handelsbanken raised its Swedbank target to SEK 452 from SEK 413 on October 13, 2026.
Swedbank reported SEK 7.2 billion in profit and 15.5 percent adjusted return on equity for the second quarter of 2026.
Swedbank stock trades at EUR 36.49 at 12:29 p.m. CEST at Lang & Schwarz on October 14, 2026.
The third-quarter report is scheduled for October 22, 2026, at 7:00 a.m. CEST.

Editorialfoto eines Börsensaals mit Händlern und großen digitalen Kurschart-Anzeigen — Swedbank AB (SE0000242455) notiert an der Nasdaq Stockholm, dargestellt in dieser editorialen Börsensaal-Aufnahme mit Charts, Illustration mit AI erstellt.

Swedbank A (ISIN SE0000242455) was trading at EUR 36.49 at Lang & Schwarz on October 14, 2026, at 12:29 p.m. CEST. Handelsbanken raised its Swedbank target to SEK 452 from SEK 413 on October 13, 2026, according to Placera. The SEK 39.00 increase equals 9.44 percent against the previous target.

Three dated signals for Swedbank

On July 17, 2026, Swedbank reported second-quarter profit of SEK 7.2 billion. Adjusted return on equity was 15.5 percent and the adjusted cost-to-income ratio was 0.39, according to Yahoo Finance.

On October 8, 2026, Swedbank announced that its third-quarter report would be published at 7:00 a.m. CEST on October 22, 2026, in an investor release carried by Nasdaq Stockholm. The announcement also scheduled a conference call for 9:30 a.m. CEST.

On October 13, 2026, Handelsbanken retained its Buy recommendation while raising the target from SEK 413 to SEK 452. The target change is the most recent dated analyst action in the material reviewed and gives the upcoming report a clear valuation reference in Swedish kronor.

What does the target change add?

The target increase of 9.44 percent contrasts with the bank's second-quarter adjusted return on equity of 15.5 percent. That combination puts profitability and capital efficiency at the center of the next results assessment, while the target itself remains a Swedish-krona valuation rather than a euro price.

Dates and the Swedish listing

The next two substantiated dates are October 22, 2026, for the third-quarter report and April 7, 2027, for Swedbank's annual general meeting, according to Swedbank. Swedbank trades as SWED A.ST on Nasdaq Stockholm in SEK, as confirmed by Global Banking and Finance.

Swedbank's market capitalization was SEK 457.1 billion on October 14, 2026. The Lang & Schwarz euro quote was an intraday price at EUR 36.49 at 12:29 p.m. CEST on October 14, 2026; the Xetra close required for a percentage comparison was not established.

The further course of trading is shown by the continuously updated real-time quote of Swedbank stock.