Nordea Research recognised by the StarMine Analysts Awards

Recently, several Nordea Research analysts earned prestigious StarMine Analyst Awards on both a Nordic and European level.

StarMine awards and Nordea Research

Each year, the StarMine Analyst Awards from Refinitiv recognises the analysts in the Nordics and Europe who have shown outstanding performance either as Stock Pickers and/or Earnings Estimators. The winners of the 2019 StarMine Analyst Awards were forced to make non-consensus calls amid an extremely volatile market environment while the entire industry faced increasing pressure to deliver value to customers paying for their research.

Starmine Graph

Graph over StarMine Overall Analyst Awards (total rewards) 2009-2019

“We are proud our analysts continue to be recognized for their exceptional work receiving a whopping 13 awards in the Nordics is an absolute achievement and I congratulate all of the recognized analysts and their teams” said Martin A Persson, Head of Wholesale Banking.

Nordea Research has been awarded StarMine recognition for over decade. The recipe for success is attracting the right talent, fostering a culture of insightful research and providing the tools to bolster estimate accuracy. Consistent top earnings estimator rankings with different constellations winners suggest that our systems and financial models have supported different winning analysts well.

Nordea Research Analysts appeared as both Top Earnings Estimates and Top Stock Pickers. Nordea is delighted to acknowledge the achievement of our Research Analysts in these prominent awards.

2019 Nordic awardees:

Nordic Top Earnings Estimators:
Category Rank Industry Analyst
Overall 1 Health Care Christian Ryom
Industry 1 Consumer Goods & Services Stellan Hellström
Overall 2 Consumer Goods & Services Stellan Hellström
Overall 4 Diversified Industrials Agnieszka Vilela
Overall 9 Metals & Materials; Diversified Industrials Harri Taittionen


Nordic Top Stock Pickers:
Category Rank Industry Analyst
Industry 1 Metals & Materials Christian Kopfer
Industry 1 Real Estate Niclas Höglund
Industry 2 Financial Services Marie Scheja


Anders Espedal Hagen, Head of Securities Research said: ‘These recognitions are an endorsement of the work we do to identify long-term investment opportunities for our clients. They also justify the consistent investment we make in our research unit and highlight the value we place on delivering high quality, timely and thought-leading analysis. We are particularly proud that these awards point to our strength in our Nordic home market and our analyst’s achievement are top of class in a European setting”.

2019 European awardees:

Europe Top Earnings Estimators:
Category Rank Industry Analyst
Industry 1 Health Care Christian Ryom
Industry 2 Paper & Packaging Harri Taittionen
Industry 2 Real Estate Niclas Höglund
Overall 3 Health Care Christian Ryom
Overall 9 Non-food Retail, Food & Staples Retail Stellan Hellström


Europe Top Stock Pickers:
Category Rank Industry Analyst
Industry 1 Banks Thomas Svendsen
Industry 2 Financial Services Marie Scheja
Industry 3 Real Estate Niclas Höglund


Nordea Research’s securities analysts provide institutional research coverage of approximately 500 publicly traded companies. Nordea Research offers its award-winning research to investors and corporate clients with a focus on all relevant Nordic sectors.

“These awards represent the dedication that our Nordea Research analyst apply to their qualitative analysis, and the expertise and intelligence that is the trademark of their work every day,” Anders Espedal Hagen, concluded.

Starmine Awards

Starmine Awards

About StarMine Analyst Awards:

The StarMine Analyst Awards from Refinitiv objectively measure the performance of sell-side analysts based on based on the returns of their buy/sell recommendations and the accuracy of their earnings estimates in 15 regions across the globe.

See full list here.

See full list of Nordea’s Proven Performance.


About Nordea Research:

Nordea Research is determined to deliver differentiated and thoughtful insights to our institutional, corporate and private clients to help them make better informed investment decisions. Visit Nordea Research website.

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