Nordea raises the target price for mortgage bank Enity to SEK 110 from 105 and repeats its Buy rating.
The bank is considered to offer an attractive combination of growth, risk and return, with historically stable profitability and low credit losses.
Nordea lowers its loan growth forecast for 2027 to just below 8 percent but raises its dividend forecasts for 2027–2028 due to increased confidence in capitalization. The stock is valued at a P/E ratio of 6.8 for 2027.
