UBS raises target for Handelsbanken A stock to SEK 140
Published on 10/07/2026 at 09:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Handelsbanken A (ISIN SE0007100599) was trading at EUR 13.57 at Lang & Schwarz on October 7, 2026 at 9:35 a.m. CEST, down 0.07 percent from the prior close of EUR 13.58. The latest analyst move came from UBS, which raised its target to SEK 140 from SEK 135 while maintaining a Sell rating on October 5, 2026, according to Placera.
Second-quarter profit softens
Handelsbanken reported net income of SEK 5.23 billion in the second quarter of 2026, compared with SEK 6.36 billion in the first quarter. That represents a 17.77 percent quarter-over-quarter decline and leaves earnings as the central counterweight to the higher UBS target.
Operating profit also fell to SEK 6.68 billion in the second quarter from SEK 8.20 billion in the first quarter, while the operating margin declined to 49.60 percent from 55.50 percent. The figures are reported in Handelsbanken's second-quarter key data published by Affarsvarlden.
October report sets the next test
Handelsbanken's investor-relations calendar schedules the interim report for January through September 2026 on October 21, 2026. The report will follow the January through June release, which the company identifies as its latest report on its Handelsbanken investor-relations page.
For investors, the upcoming report matters because the second-quarter figures show a weaker earnings run rate than the first quarter, even as the bank remains profitable. The UBS target of SEK 140 is 8.41 percent below the latest Stockholm reference price of SEK 152.85 cited in the analyst table, so the rating and target change point in different directions.
Stock stays below its yearly high
The primary listing is on Nasdaq Stockholm in SEK. The finance quote for October 7, 2026 showed a primary-exchange price of SEK 152.25, a market capitalization of SEK 296.1 billion and a 52-week range of SEK 116.80 to SEK 157.90. The Lang & Schwarz euro quote is the relevant reference for German investors and stood at EUR 13.57, minus 0.07 percent versus EUR 13.58.
The further course of trading is shown by the continuously updated real-time quote of Handelsbanken A stock.
Handelsbanken A key data
- Company: Svenska Handelsbanken AB (publ)
- ISIN: SE0007100599
- Ticker: SHB A
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 7, 2026, 9:35 a.m. CEST): EUR 13.57
- Change versus prior close: minus 0.07 percent
- Prior close Lang & Schwarz (October 6, 2026): EUR 13.58
- Market capitalization: SEK 296.1 billion (as of October 7, 2026)
- 52-week range: SEK 116.80-157.90 (as of October 7, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
- Next earnings date: October 21, 2026
