Analysts Favor Nordea as SEB Downgrades Handelsbanken
SEB upgrades Nordea to 'buy' while downgrading Handelsbanken, citing structural issues.
- • SEB upgrades Nordea to 'buy'.
- • Handelsbanken's buy recommendation is removed by SEB.
- • Concerns over Handelsbanken's structural revenue issues.
- • Nordea is viewed as undervalued in the Nordic banking sector.
Key details
On September 1, 2025, SEB, a prominent bank controlled by the Wallenberg family, made a pivotal shift in banking investment recommendations by upgrading its rating for Nordea to 'buy', while simultaneously revoking its 'buy' recommendation for Handelsbanken. Analysts have cited structural revenue issues at Handelsbanken, suggesting that these concerns have diminished its appeal among investors. Meanwhile, Nordea is perceived as undervalued, being regarded as the cheapest bank in the Nordic region, which has contributed to its favorable rating by SEB.
This transition signals noteworthy changes in the investment sentiment surrounding these major Swedish banks and reflects broader strategic considerations within the financial market. Investors may view Nordea as a more attractive opportunity moving forward, given the current challenges faced by Handelsbanken.
This article was translated and synthesized from Swedish sources, providing English-speaking readers with local perspectives.
Source articles (1)
Latest news
One Year After the Risbergska Mass Shooting: New Tips and Lingering Impact
Families File Complaint Against Police Over Inadequate Response to Risbergska School Shooting
One Year After the Risbergska Massacre: Grief, Reflection, and Calls for Change
Former Swedish Politician Tobias Billström Faces Scrutiny Over Lobbying Role at Arms Manufacturer
AI-Driven Offices to Transform Workplace Collaboration and Decision-Making by 2026
Swedish Skicross Athletes Raise Safety and Speed Concerns Over 2026 Olympic Course in Livigno
The top news stories in Sweden
Delivered straight to your inbox each morning.