Storebrand stock gained 1.00 percent as analysts kept Buy view

Published on 10/04/2026 at 19:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Storebrand stock traded at NOK 192.50 on October 2, below its NOK 208.20 yearly high. Second-quarter profit reached NOK 1,799 million, up 26 percent year-on-year.

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Storebrand stock (ISIN NO0003053605) gained 1.00 percent to NOK 192.50 on Oslo Bors on October 2, 2026, while the company's second-quarter profit had risen 26 percent year-on-year to NOK 1,799 million. The latest market signal keeps the share below its NOK 208.20 52-week high, but the earnings profile remains the central investor reference.

Profit growth sets the tone

According to Storebrand ASA on July 15, 2026, group profit for the second quarter reached NOK 1,799 million, up 26 percent from the same quarter in 2025. Operating profit increased 17 percent to NOK 1,119 million, giving the result a broader base than a single investment-market effect.

The insurance result was NOK 889 million, with a combined ratio of 87 percent, while return on equity was 16 percent for the last twelve months. Storebrand also reported a solvency ratio of 200 percent and began a share buyback program with a maximum value of NOK 1 billion, according to Storebrand ASA.

Consensus stays above the share price

Listr reported on October 2, 2026, that 8 brokers carried a Buy consensus for Storebrand, with an average price target of NOK 213.63 and a target range of NOK 192 to NOK 245. The average target lies 11.0 percent above the NOK 192.50 share price, leaving the market focused on whether the next results can support that spread.

The target range also shows a meaningful division in valuation views: its lower end sits near the October 2 share price, while the upper end is NOK 52.50 higher. That contrast makes operating profit, insurance performance and capital strength more important than the daily move alone.

Storebrand stock stays below its yearly high

Storebrand stock was last at NOK 192.50 on Oslo Bors at 4:27 p.m. CEST on October 2, 2026. The same session showed a day range of NOK 190.50 to NOK 192.90, volume of 389,957 shares and a market capitalization of NOK 80.6 billion.