Handelsbanken A stock eases after strong advance highlighted by Morningstar

Published on 09/18/2026 at 17:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Handelsbanken A stock trades around SEK 152.90 on Nasdaq Stockholm as of September 18, 2026 after a 45 percent rise over the past year. Morningstar now rates the shares 2 stars with an estimated fair value of 139 SEK, pointing to a valuation premium.

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Handelsbanken A stock of Svenska Handelsbanken AB A (ISIN SE0007100599) is trading around SEK 152.90 on Nasdaq Stockholm as of September 18, 2026, leaving the shares slightly lower on the day after a strong multi month rally, according to data from Nordnet on September 18, 2026.

Morningstar flags valuation premium

According to Morningstar France on September 17, 2026, Svenska Handelsbanken SHB A has seen its Morningstar rating cut from 3 to 2 stars after a period of strong share price performance.

In that analysis, Morningstar France states that Svenska Handelsbanken has risen 9.42 percent over the past three months and 45.00 percent over the past year, and that the shares now trade at a roughly 9 percent premium to an estimated fair value of 139 SEK, with what it describes as a low uncertainty level around that fair value estimate.

Price level and recent trading context

Nordnet shows Handelsbanken A ser. A at SEK 152.90 on Nasdaq Stockholm with an intraday move of minus 1.39 percent as of September 18, 2026, indicating that the stock is consolidating just above the fair value band highlighted by Morningstar while still reflecting sizable gains over the past twelve months.

Based on the Morningstar fair value estimate of 139 SEK for Svenska Handelsbanken SHB A and the Nordnet trading level of SEK 152.90 on September 18, 2026, the shares are trading about 10 percent above that estimated intrinsic value, compared with the roughly 9 percent premium cited by Morningstar France for the recent valuation snapshot.

Stock snapshot on Nasdaq Stockholm

For investors focusing on the Swedish banking sector, the latest figures from Morningstar imply that Handelsbanken A stock, at SEK 152.90 as of September 18, 2026 on Nasdaq Stockholm, stands around 13.90 SEK above the cited fair value of 139 SEK and has delivered a 45.00 percent share price increase over the past year, which is a notable outperformance in a mature Nordic banking market.