Jefferies raises Storebrand stock target from NOK 142 to NOK 224
Published on 10/13/2026 at 01:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Jefferies raised its Storebrand target from NOK 142.00 to NOK 224.00 on October 6, 2026.
- Storebrand reported NOK 1.80 billion in second-quarter 2026 profit, up 26.00 percent year over year.
- The third-quarter 2026 results presentation is scheduled for October 21, 2026.
- Storebrand stock was last at EUR 17.38 at Lang & Schwarz on October 12, 2026.
Storebrand (ISIN NO0003053605) received a Jefferies target of NOK 224.00, up from NOK 142.00, in the October 6, 2026 analyst note published by Placera. The upgrade to Buy puts the coming third-quarter report under closer scrutiny, with the target implying a materially higher valuation in Norwegian kroner.
Three figures mark the timeline
On July 15, 2026, Storebrand reported a second-quarter result of NOK 1.80 billion, a 26.00 percent increase from the same quarter of 2025, according to Yahoo Finance.
On October 6, 2026, Jefferies upgraded Storebrand to Buy from Hold and lifted its target from NOK 142.00 to NOK 224.00, as Placera reported. On October 7, 2026, Storebrand announced its third-quarter results presentation for October 21, 2026, through Cision.
What does the target change mean?
The NOK 82.00 increase in Jefferies' target is substantial, but it is not a substitute for the next operating update. Storebrand's second-quarter result rose 26.00 percent year over year, while operating earnings increased 17.00 percent, according to Yahoo Finance.
The same report showed earnings per share of NOK 3.43 for the second quarter, up 19.00 percent year over year. Storebrand also reported a solvency margin of 200.00 percent, compared with 206.00 percent at the end of the first quarter, while assets under management reached NOK 1,658 billion, up 10.00 percent year over year.
Third-quarter date is set
Storebrand's next scheduled reporting event is October 21, 2026. Cision said the stock exchange notification and quarterly report are due at 7:00 a.m. CET, followed by the investor presentation at 10:00 a.m. CET. The next annual report is scheduled for February 10, 2027, according to Affarsvarlden.
Stock awaits the next report
Storebrand is listed on the Oslo Stock Exchange under ticker STB and operates across insurance, savings, asset management and banking. Its second-quarter figures give the October 21 release a clear benchmark: NOK 1.80 billion in result, 17.00 percent growth in operating earnings and a 200.00 percent solvency margin.
Storebrand stock was last at EUR 17.38 at Lang & Schwarz on October 12, 2026 at 11:00 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Storebrand stock.
Storebrand stock facts
- Company: Storebrand ASA
- ISIN: NO0003053605
- Ticker: STB
- Primary exchange: Oslo Stock Exchange
- Last price Lang & Schwarz (as of October 12, 2026, 11:00 p.m. CEST): EUR 17.38
- Market capitalization: NOK 77.8 billion (as of October 12, 2026)
- 52-week range: NOK 152.60-208.20 (as of October 12, 2026)
- Sector / Industry: Financial services / Insurance
- Index membership: OBX
- Next earnings date: October 21, 2026
Market context: Latest market reports.
