Nordea stock trades at EUR 16.86 with target 22.2 percent higher

Published on 10/12/2026 at 13:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordea stock stood at EUR 16.86 on October 12, 2026. Jefferies targets EUR 20.60 in its October 6, 2026 note, 22.18 percent above the price.

Key points in brief

Nordea stock was at EUR 16.86 at Lang & Schwarz on October 12, 2026 at 1:46 p.m. CEST.
Jefferies maintained a Buy rating and set a EUR 20.60 target on October 6, 2026.
Nordea reported EUR 1.608 billion operating profit and 15.9 percent return on equity for the second quarter of 2026.
Nordea is scheduled to publish third-quarter 2026 results on October 15, 2026.

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Nordea stock was trading at EUR 16.86 at Lang & Schwarz on October 12, 2026 at 1:46 p.m. CEST. The price leaves Jefferies' EUR 20.60 target 22.18 percent higher than the current euro quote, after the firm maintained its Buy rating on October 6, 2026, according to Markets Insider.

Target remains above the quote

The gap between EUR 16.86 and EUR 20.60 is a 22.18 percent difference calculated against the Nordea stock price. Jefferies analyst Alex Demetriou kept the Buy rating, giving the target a dated valuation reference ahead of Nordea's next results.

A second analyst reference came from Deutsche Bank Research on October 8, 2026. According to ARIVA, the bank raised its target from EUR 20.00 to EUR 21.00 and retained a Buy rating.

Second-quarter profitability sets the base

Nordea reported EUR 5.525 billion of revenue and EUR 1.232 billion of net income for the second quarter of 2026. The bank's operating profit reached EUR 1.608 billion, while return on equity was 15.9 percent, according to Nordea in its investor materials dated July 16, 2026.

The same period produced a 44.0 percent cost-to-income ratio and a 15.7 percent CET1 ratio. Total assets stood at EUR 712 billion at June 30, 2026, placing the current valuation against a balance sheet with substantial scale.

Comparison with peers

Nordea: P/E 12.22, market capitalization SEK 641.4 billion

Swedbank (Nasdaq Stockholm, SEK): plus 0.67 percent, P/E 14.69, market capitalization SEK 456.0 billion

Svenska Handelsbanken (Nasdaq Stockholm, SEK): plus 0.60 percent, P/E 12.81, market capitalization SEK 295.8 billion

Results date is October 15

Nordea is scheduled to publish third-quarter 2026 results on October 15, 2026, with the report planned for 6:30 a.m. CET and the webcast for 10:00 a.m. CET. The date comes from Nordea's October 1, 2026 release.

Nordea stock at EUR 16.86

On Nasdaq Stockholm, Nordea was at SEK 189.00 on October 12, 2026 at 1:51 p.m. CEST, against a 52-week range of SEK 152.30 to SEK 205.00. Its market capitalization was SEK 641.4 billion at that time.

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