Goldman Sachs Upgrades Tryg to Neutral, Increases Price Target

By EC Assets · Published 12 October 2026

Goldman Sachs has upgraded Danish insurer Tryg AS. The firm revised its rating to neutral from a previous sell recommendation. It also raised its 12-month price target for Tryg. Goldman Sachs set the new 12-month price target at 158 Danish kroner. This marks an increase from the previous 152 Danish kroner. Tryg's shares closed at 148.50 kroner on Friday. This implies a potential upside of 6.4%. Tryg recently held its Q3 2026 earnings call. The company reported record customer satisfaction. It also reported a 76% combined ratio. In 2020, Canada's Intact Financial and Denmark's Tryg AS agreed to acquire British insurer RSA. The acquisition was valued at $9.6 billion. This article is intended for informational purposes only. It does not constitute investment advice.