Nordea lifts Gjensidige target to NOK 316 for Gjensidige stock

Published on 10/08/2026 at 18:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordea sets a NOK 316 target, up from NOK 315. Gjensidige stock costs EUR 22.96 on October 8, 2026 after EUR 23.16, down 0.86 percent.

Key points in brief

Nordea raised its Gjensidige target to NOK 316 from NOK 315 on October 7, 2026, while keeping Buy.
Gjensidige reported NOK 2.122 billion profit after tax in the second quarter of 2026.
The Lang & Schwarz quote was EUR 22.96 on October 8, 2026, down 0.86 percent versus EUR 23.16.

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 (ISIN NO0010582521) was at EUR 22.96 at Lang & Schwarz on October 8, 2026, down 0.86 percent on the session. Placera reported on October 7, 2026, that Nordea raised its target to NOK 316 from NOK 315 and kept its Buy rating. The small euro decline contrasts with a fresh upward target revision in the Norwegian krone.

Three dated signals

On September 15, 2026, Gjensidige completed a NOK 1.00 billion subordinated Tier 2 bond issue, according to Marketscreener. Jefferies then cut its rating from Buy to Hold and its target from NOK 311 to NOK 272 on October 6, 2026, as Markets Insider reported. Nordea's October 7 target increase to NOK 316 was the latest of the three dated signals.

What does the rating mix mean

The target gap reflects a divided view on Norwegian insurance pricing. Jefferies said pricing was decelerating, while Nordea maintained Buy and moved its target from NOK 315 to NOK 316.

Gjensidige's second-quarter profit after tax was NOK 2.122 billion, including a NOK 419 million net negative impact from a Danish Supreme Court workers' compensation ruling, according to Yahoo Finance. Adjusted for that item, the insurance service result was NOK 2.794 billion and the combined ratio was 75.20 percent in the second quarter of 2026.

Next dates for the stock

Quartr lists October 16, 2026 for consensus publication and October 23, 2026 for Gjensidige's third-quarter results. The company investor-relations page identifies the second-quarter report as the latest interim report and shows fiscal-year 2025 insurance service result of NOK 7.1 billion and an 83.40 percent combined ratio.

Price stays below the prior close

The after-hours Lang & Schwarz quote was EUR 22.96 on October 8, 2026, down 0.86 percent versus the prior close of EUR 23.16. Gjensidige Forsikring trades on Oslo Bors under ticker GJF.OL in the financials and insurance sector.

The further course of trading is shown by the continuously updated real-time quote of Gjensidige stock.