SEB A stock gained 1.27 percent after a target raise on October 1, 2026

Published on 10/04/2026 at 19:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SEB A stock gained 1.27 percent to SEK 232.10 on October 2 after Kepler lifted its target to SEK 248. Q2 revenue rose 9.0 percent to SEK 20.055 billion.

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SEB A (ISIN SE0000148884) was last at SEK 232.10 on Nasdaq Stockholm on October 2, 2026, up 1.27 percent from SEK 229.20. The latest analyst action came on October 1, when Kepler Cheuvreux raised its price target from SEK 223 to SEK 248 and repeated its Hold rating, according to Borskollen.

Kepler sets SEK 248 target

The new target stands 6.8 percent above the October 2 price, calculated from SEK 248 and SEK 232.10. Kepler's unchanged Hold label makes the higher target a measured revision rather than a change in recommendation.

The target increase follows several recent updates on SEB A. Affarsvärlden lists an October 22, 2026, interim report and recent coverage that includes the Kepler revision.

Q2 revenue rose 9.0 percent

SEB's Q2 2026 revenue reached SEK 20.055 billion, up 9.0 percent from SEK 18.406 billion in Q1 2026, while operating income increased from SEK 9.432 billion to SEK 10.774 billion. The figures are reported by Affärsvärlden for the quarter ended June 30, 2026.

Net income was SEK 8.664 billion in Q2 2026, compared with SEK 8.253 billion in Q2 2025, an increase of 5.0 percent. Earnings per share stood at SEK 4.39, versus SEK 4.08 a year earlier, according to Affärsvärlden.

Consensus target trails the stock

The published consensus was Hold from 17 analysts, with an average target of SEK 221.24, according to MarketScreener. The average target sits 4.7 percent below the October 2 price, leaving the Kepler target above both the market quote and the broader analyst average.

SEB A stock stays below its yearly high

SEB A stock was last at SEK 232.10 on October 2, 2026, with a 52-week range of SEK 168.20 to SEK 238.50 and market capitalization of SEK 452.2 billion. The price was 2.7 percent below the 52-week high, while volume reached 1,971,167 shares.