DNB Carnegie raises Danske Bank stock target to DKK 460.00

Published on 10/20/2026 at 21:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 results are due on October 29, 2026. Danske Bank stock costs EUR 46.33 on October 20, 2026, while Nasdaq Copenhagen closed at DKK 348.10.

Analyst target raised

DNB Carnegie raised its Danske Bank target from DKK 427.00 to DKK 460.00 on October 16, 2026.
Third-quarter results are scheduled for October 29, 2026.
Danske Bank stock costs EUR 46.33 at Lang & Schwarz on October 20, 2026 at 9:34 p.m. CEST.
The home-market quote stood at DKK 348.10, with a 12.00 price-to-earnings ratio.

Bauhaus-Poster mit geometrischen Formen und dem Schriftzug BANK — Geometrisches Bauhaus-Poster mit dem Wort BANK, ein Sinnbild für Danske Bank A/S, ISIN DK0010274414, Illustration mit AI erstellt.

Danske Bank stock (ISIN DK0010274414) is the focus after MarketScreener reported on October 16, 2026 that DNB Carnegie raised its price target from DKK 427.00 to DKK 460.00 and reiterated its buy rating. Danske Bank stock costs EUR 46.33 at Lang & Schwarz on October 20, 2026 at 9:34 p.m. CEST.

Target implies 32.15 percent upside

Using the October 20 home-market quote of DKK 348.10, the DKK 460.00 target is 32.15 percent above the price. The target revision is the strongest current analyst signal for the shares because it combines a higher valuation level with an unchanged positive rating.

DNB Carnegie lifted the target by DKK 33.00, or 7.73 percent, from DKK 427.00. The comparison matters because the new target sits above Danske Bank's 52-week high of DKK 383.70, while the latest quote remains inside the DKK 270.60 to DKK 383.70 52-week range.

Home-market quote remains below high

On Nasdaq Copenhagen, Danske Bank last stood at DKK 348.10 on October 20, 2026, down 0.06 percent on the day. The quote was 9.28 percent below the 52-week high and 28.66 percent above the 52-week low. Year-to-date performance was positive at 9.26 percent.

Danske Bank's market capitalization was DKK 281.3 billion on October 20, 2026, and its price-to-earnings ratio was 12.00. Nordea Bank's comparable figures were a DKK 396.7 billion market capitalization and an 11.35 price-to-earnings ratio, while Swedbank had a SEK 448.4 billion market capitalization and a 14.45 ratio.

October 29 results date

Danske Bank's investor-relations calendar lists the release and conference call for third-quarter 2026 results on October 29, 2026, giving the analyst target a near-term reporting checkpoint. The first-half 2026 interim report was published on July 17, 2026, and the next quarterly update will provide the next company-specific test for earnings and capital allocation.

What the valuation signals

The market picture is mixed rather than one-directional. The new DKK 460.00 target is 32.15 percent above the home-market quote, but the stock remains 9.28 percent below its 52-week high. That gap leaves the October 29 reporting date as the next concrete event for the valuation discussion.

Stock and valuation in view

Danske Bank's latest home-market quote of DKK 348.10 remains below its DKK 383.70 52-week high, while the DKK 460.00 target marks the analyst's updated valuation level. The euro quote was trading at EUR 46.33 at Lang & Schwarz on October 20, 2026 at 9:34 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Danske Bank stock.