Nordea stock: Jefferies cuts target for Nordea stock to EUR 19.90

Published on 10/19/2026 at 17:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter 2026 earnings per share fell 3.00 percent to EUR 0.35. Nordea stock costs EUR 15.45 on October 19, 2026 below its EUR 18.11 high.

Analyst target and valuation

Jefferies lowered its Nordea target to EUR 19.90 on October 15, 2026.
Nordea reported a 15.1 percent return on equity in the third quarter of 2026.
Nordea stock costs EUR 15.45 at Lang & Schwarz on October 19, 2026, 14.69 percent below its 52-week high of EUR 18.11.
Nordea had a market capitalization of EUR 52.4 billion and a P/E ratio of 11.27.

Aquarellbild einer generischen nordischen Hafenstadt mit Booten, unbrandet — Nordea Bank Abp (FI4000297767): Aquarellmalerei einer generischen nordischen Küstenstadt mit Hafen, unbrandet, künstlerisch, Illustration mit AI erstellt.

Jefferies lowered its Nordea target from EUR 20.60 to EUR 19.90 on October 15, 2026, while keeping a Buy rating, according to DER AKTIONÄR. The revised target stands 28.80 percent above Nordea's EUR 15.45 price at Lang & Schwarz on October 19, 2026.

Third-quarter earnings held steady

Nordea reported diluted earnings per share of EUR 0.35 in the third quarter of 2026, down 3.00 percent from EUR 0.36 a year earlier. Return on equity was 15.1 percent, while the cost-to-income ratio was 45.0 percent, according to Nordea. Operating profit fell 4.00 percent year over year to EUR 1.541 billion.

Stock remains below its yearly high

The Lang & Schwarz price of EUR 15.45 is 14.69 percent below Nordea's 52-week high of EUR 18.11 and 9.19 percent above its 52-week low of EUR 14.15. The quote carried a bid of EUR 15.45 and an ask of EUR 15.46 at 5:06 p.m. CEST on October 19, 2026. Trading volume for the Helsinki listing was 3,040,077 shares, against an average volume of 4,059,693 shares.

Valuation and the next results date

Nordea's market capitalization was EUR 52.4 billion, with a P/E ratio of 11.27 and a dividend yield of 0.08 percent as of October 19, 2026. The latest analyst target from Jefferies was EUR 19.90, dated October 15, 2026. MarketScreener lists January 27, 2027 as the next earnings release date and reports an average target of EUR 18.69 from eight analysts, according to MarketScreener.

Comparison with peers

Nordea: P/E 11.27, market capitalization EUR 52.4 billion.

DNB (Oslo Stock Exchange, NOK): minus 0.13 percent, P/E 11.09, market capitalization NOK 439.3 billion.

Danske Bank (Nasdaq Copenhagen, DKK): minus 2.66 percent, P/E 12.01, market capitalization DKK 281.5 billion.

Nordea stock at Lang & Schwarz

Nordea stock was trading at EUR 15.45 at Lang & Schwarz on October 19, 2026 at 5:06 p.m. CEST. The price is 14.69 percent below the 52-week high of EUR 18.11. The bank is listed on Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq Stockholm, with Finland as its home market. The further course of trading is shown by the continuously updated real-time quote of Nordea stock.