Storebrand stock: SB1 Markets raises target for Storebrand stock from NOK 213.00 to NOK 215.00
Published on 10/24/2026 at 03:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSThe figures behind the update
- On October 22, 2026, SB1 Markets lifted its Storebrand target from NOK 213.00 to NOK 215.00.
- Storebrand reported NOK 1,517 million in third-quarter group profit on October 21, 2026.
- Storebrand's market capitalization stood at NOK 78.3 billion as of October 23, 2026.
Storebrand (ISIN NO0003053605) became the subject of a higher analyst target when SB1 Markets lifted its price target from NOK 213.00 to NOK 215.00 on October 22, 2026, according to MarketScreener. The move followed Storebrand's third-quarter report, which showed stronger operating performance but weaker cash profit after tax.
Operating profit beats the pressure
Storebrand reported group profit of NOK 1,517 million in the third quarter on October 21, 2026, while operating profit reached NOK 1,162 million, up 7 percent from the same quarter of 2025. The insurance result rose 28 percent year over year to NOK 895 million, and the combined ratio improved to 87 percent from 89 percent, according to Storebrand ASA.
The report also showed a counterweight: adjusted earnings per share fell to NOK 2.54 from NOK 3.08 in the third quarter of 2025, while the solvency ratio rose to 200 percent from 195 percent. Assets under management reached NOK 1,633 billion, compared with NOK 1,561 billion a year earlier.
Three dated steps for Storebrand
On October 16, 2026, Storebrand completed the Knif Trygghet transaction for NOK 560 million and issued 2,746,582 new shares, according to Storebrand ASA. On October 21, 2026, it reported NOK 1,517 million in third-quarter group profit. On October 22, 2026, SB1 Markets raised its target to NOK 215.00 from NOK 213.00.
What does the target change mean?
The increase of NOK 2.00 represents a 0.94 percent rise in the SB1 Markets target. The broader analyst picture stayed higher than the latest Oslo Bors quote, with MarketScreener listing an average target of NOK 206.60 and 10 analysts on October 22, 2026.
Next reporting date
MarketScreener lists February 10, 2027, as the next earnings release date for Storebrand. The date gives investors a defined checkpoint for testing whether the insurance improvement can offset weaker financial results.
Stock context and valuation
Storebrand's market capitalization was NOK 78.3 billion as of October 23, 2026. Its 52-week range was NOK 155.10 to NOK 208.20, while the last Oslo Bors quote stood at NOK 188.40 on October 23, 2026 at 4:25 p.m. CEST.
Storebrand stock after the update
The combination of a 200 percent solvency ratio and NOK 1,633 billion in assets under management supports the capital-return discussion, including a proposed NOK 6.00 dividend for 2026 and a planned NOK 2.0 billion buyback for 2027. The weaker NOK 996 million profit after tax in the third quarter keeps financial-result volatility relevant.
The further course of trading is shown by the continuously updated real-time quote of Storebrand stock.
Storebrand stock key data
- Company: Storebrand ASA
- ISIN: NO0003053605
- Ticker: STB
- Primary exchange: Oslo Bors
- Market capitalization: NOK 78.3 billion (as of October 23, 2026)
- 52-week range: NOK 155.10-NOK 208.20 (as of October 23, 2026)
- Sector / Industry: Financial Services / Investment Management and Fund Operators
Market context: Latest market reports.
