Swedbank A stock gains as Nordea lifts target to SEK 450

Published on 09/18/2026 at 14:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Swedbank A stock closed at SEK 406.80 on September 17, 2026 after Nordea lifted its target to SEK 450 from SEK 427. Earnings estimates for 2026 to 2028 rose 2 to 5 percent.

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Swedbank A stock (SE0000242455) closed at SEK 406.80 on Nasdaq Stockholm on September 17, 2026, up 2.55 percent and at a new all-time high. Nordea lifted its price target to SEK 450 from SEK 427 on September 17, 2026, according to ad hoc news.

Target gap stays open

MarketScreener said on September 17, 2026 that Nordea kept a Buy recommendation, raised its 2026 to 2028 net interest income estimates by 2 to 4 percent and lifted its earnings per share forecasts by 2 to 5 percent. The same coverage put Nordea's profit expectations about 3 to 10 percent above consensus.

That analyst call followed a session in which Swedbank A added 10.10 points, or 2.55 percent, and the OMX Stockholm 30 gained 1.25 percent. The stock's close at SEK 406.80 also stood above the previous session's SEK 396.70 close cited in the same market coverage.

Profit view improves

Placera reported on September 17, 2026 that Nordea sees structurally high profitability thanks to a strong Swedish deposit base and high returns in the Baltic region. Deutsche Bank also raised its target to SEK 419 from SEK 388, while Mediobanca increased its target to SEK 373 from SEK 344 and kept an Underperform stance.

Those updates leave Swedbank A with a clear split in analyst views: the new Nordea target points 10.6 percent above the September 17 close, while the SEK 373 Mediobanca target sits 8.3 percent below it. The average target in the same overview was SEK 373.75.

Stock stays at a record

Swedbank A stock ended September 17, 2026 at SEK 406.80 on Nasdaq Stockholm, with the intraday high around SEK 407 marking the highest level reported for the share. The latest close leaves the stock 5.5 percent below Nordea's new SEK 450 target and 8.9 percent above the old SEK 373.75 average target cited in the market snapshot.