Jyske Bank stock gets a higher UBS target while rating stays neutral

Published on 10/04/2026 at 20:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jyske Bank stock was last at DKK 1,074 on October 2, 2026, after UBS lifted its target to DKK 1,175. Q2 EPS reached DKK 22, while 2026 guidance stayed at DKK 71-85.

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Jyske Bank (ISIN DK0010307958) was last at DKK 1,074 on Nasdaq Copenhagen on October 2, 2026, at 4:59 p.m. CEST, up 0.09 percent on the session. UBS raised its price target from DKK 1,075 to DKK 1,175 and kept its Neutral rating on October 2, 2026, according to Placera.se.

UBS lifts target to DKK 1,175

The UBS move gives Jyske Bank stock a fresh analyst reference after a session in which the shares changed little. The new target is DKK 101 above the October 2 price, while the Neutral rating signals that the valuation case remains balanced rather than an outright upgrade.

The timing matters because Jyske Bank entered the final quarter with its full-year earnings framework intact. The bank's Q2 call said the DKK 71-85 EPS range remained unchanged, with management expecting results in the upper half of its DKK 7.1 billion-DKK 8.5 billion net profit range, as reported by Yahoo Finance.

Q2 EPS rebounds to DKK 22

Jyske Bank's Q2 2026 earnings per share reached DKK 22, up 12 percent from a year earlier and above the DKK 17 reported for Q1. Net interest income increased 2 percent quarter-over-quarter, while fee income rose 6 percent year-on-year, according to Yahoo Finance.

The first-half EPS total was DKK 39, matching the first half of 2025. Asset under management grew 9 percent in Q2, deposits and bank lending each increased 1 percent, mortgage lending rose 1 percent, and leasing advanced 2 percent, giving the price-target increase a business trend to track.

Consensus stays close to the stock

MarketScreener listed an Outperform consensus from six analysts on September 4, 2026. Its average target was DKK 1,082.60, with a low of DKK 1,010 and a high of DKK 1,170, according to MarketScreener.

The main counter-factor is competitive pressure in corporate lending. Jyske Bank management said in the Q2 call that the bank accepted weaker market-share growth in selected commercial real-estate lending rather than matching aggressive pricing, although the front book had returned to a more normal pattern.

Stock remains below yearly high

Jyske Bank stock was last at DKK 1,074 on October 2, 2026, against a 52-week range of DKK 704.50 to DKK 1,125, with 117,118 shares traded and a market capitalization of DKK 60.8 billion.