SEB A stock gains as BNP Paribas sets 285 SEK target

Published on 09/22/2026 at 11:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SEB A stock closed at 227.80 SEK on September 18, 2026, after BNP Paribas set a 285 SEK target. H1 net profit reached SEK 18.8 billion.

Moderne nordische Bank-Lobby mit Stockholm-Blick, Symbolbild Skandinaviska Enskilda — Moderne Bank-Lobby mit Stockholm-Skyline symbolisiert Skandinaviska Enskilda Banken, ISIN SE0000148884, an Nasdaq Stockholm, Illustration mit AI erstellt.

SEB A stock (ISIN SE0000148884) closed at SEK 227.80 on Nasdaq Stockholm on September 18, 2026, with a daily gain of 2.41 percent. The latest catalyst is BNP Paribas restarting coverage on September 21, 2026, with an Outperform rating and a SEK 285 price target, according to MarketScreener.

BNP Paribas sets a higher bar

The BNP Paribas target stands SEK 57.20 above the September 18 closing price, an implied difference of 25.1 percent. The same analyst overview showed an average target of SEK 217.25 from 16 analysts, placing the new BNP Paribas estimate SEK 67.75 above that average.

That dispersion matters more than the rating label alone. The 285 SEK target is materially above the average estimate, while the stock price already exceeded the average target by SEK 10.55 at the latest completed close.

H1 profit reached SEK 18.8 billion

SEB's half-year report for H1 2026 recorded total operating income of SEK 35.4 billion and net profit of SEK 18.8 billion, according to SEB. Return on equity was 16.7 percent in the same period, while the common equity tier 1 ratio reached 19.9 percent.

The earnings base therefore combines SEK 35.4 billion in operating income with SEK 18.8 billion in net profit for the first half of 2026. The 19.9 percent capital ratio provides a separate balance-sheet measure alongside profitability, although the next market debate will depend on how earnings and capital returns develop beyond the half-year figures.

Stock remains above average target

SEB A stock had a market capitalization of SEK 453.75 billion as of September 21, 2026. The latest quoted price of SEK 227.80 on Nasdaq Stockholm is dated September 18, 2026, while the reported daily change was 2.41 percent.

The valuation picture is therefore split: the shares trade above the average analyst target of SEK 217.25, but below BNP Paribas' SEK 285 estimate. For investors, that gap makes the assumptions behind the individual targets more important than a simple count of positive recommendations.

SEB A stock closes at SEK 227.80

SEB A stock closed at SEK 227.80 on Nasdaq Stockholm on September 18, 2026, up 2.41 percent on the reported session. The market capitalization was SEK 453.75 billion as of September 21, 2026.