Gjensidige stock closes at NOK 260.20 as Q3 date nears

Published on 09/28/2026 at 12:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barclays lifted its Gjensidige target to NOK 270.00 from NOK 265.00 on September 4, 2026, while keeping equal weight. Q2 profit reached NOK 2.245 billion.

Isometrische 3D-Illustration einer Versicherungsprozesskette mit Symbolen — Isometrische 3D-Grafik zeigt die Versicherungsprozesskette, Gjensidige Forsikring ASA, ISIN NO0010582521, von Antrag bis Schadensabwicklung, Illustration mit AI erstellt.

Gjensidige stock (ISIN NO0010582521) last closed at NOK 260.20 on Oslo Bors on September 23, 2026, leaving the insurer below Barclays' new NOK 270.00 price target. The next defined company date is October 23, 2026, when Gjensidige is scheduled to publish its Q3 2026 results.

Barclays raises target to NOK 270

According to MarketScreener on September 4, 2026, Barclays lifted its target from NOK 265.00 to NOK 270.00 and reiterated an equal weight rating. The new target stands 3.77 percent above the NOK 260.20 reference price.

The target change gives investors a quantified benchmark, but the rating remained neutral. MarketScreener also reported a mean analyst consensus of OUTPERFORM and an average target of NOK 291.97, although those figures describe the wider analyst group rather than Barclays' view.

Q2 profit and capital remain central

Gjensidige's Q2 2026 investor presentation summary from Quartr dated September 16, 2026, showed profit after tax of NOK 2.245 billion. Insurance revenue reached NOK 44.5 billion as of Q2 2026, while return on equity was 33.3 percent.

Operating quality was also visible in the combined ratio of 79.1 percent, where a lower figure indicates that claims and expenses consumed less premium income. The solvency ratio stood at 189 percent in Q2 2026 against a stated target range of 140 percent to 190 percent, placing capital strength near the upper end of the company's framework.

Q3 results arrive October 23

MFN lists October 23, 2026, at 07:00 as the date for Gjensidige's Q3 2026 quarterly report. The release will give the market a fresh test of claims trends, underwriting profitability and the insurer's capital position.

Gjensidige stock therefore enters the reporting window with a NOK 260.20 Oslo Bors closing reference from September 23, 2026, and a NOK 270.00 Barclays target dated September 4, 2026. The gap is modest in percentage terms, making the upcoming operating figures more important than a broad valuation narrative.