Allianz stock falls as Berenberg keeps Buy view

Published on 09/30/2026 at 13:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lang & Schwarz priced Allianz at EUR 418.00, down 1.58 percent from EUR 424.70 on September 30, 2026. Berenberg kept its Buy view and EUR 684.00 target on September 29.

SW-Reportage: Sachverständiger mit Klemmbrett vor sturmgeschädigtem Haus mit gefallenem Baum — Schwarzweiß-Dokumentarfoto eines Versicherungssachverständigen mit Schutzhelm, der Sturmschäden an einem Wohnhaus mit eingestürztem Dach und gefallenem Baum begutachtet. Kontrastreiche 35-mm-Körnung. Allianz SE (DE0008404005), Illustration mit AI erstellt.

Allianz stock (ISIN DE0008404005) was trading at EUR 418.00 at Lang & Schwarz on September 30, 2026 at 1:14 p.m. CEST, down 1.58 percent from the prior close of EUR 424.70. The move leaves the shares 8.05 percent below their 52-week high of EUR 454.60.

Berenberg holds its bullish view

According to Investing.com on September 29, 2026, Berenberg maintained a Buy rating and a EUR 684.00 12-month price target for Allianz. The target stands 63.64 percent above the Lang & Schwarz price of EUR 418.00, a much wider gap than the broader analyst average target of EUR 440.08.

The same overview lists Barclays at Sell with a EUR 353.00 target dated September 4, 2026. That spread shows how differently analysts assess Allianz after the company's latest reporting period.

Second-quarter results set the baseline

Allianz's investor-relations page described its Q2 and first-half 2026 results as a record result and said the group was on course to reach its targets in a release dated August 7, 2026. The page also lists November 12, 2026, for the publication of Q3 2026 results, making that date the next scheduled test for earnings momentum.

Allianz combines property-casualty insurance, life and health coverage, and asset management. Its financial profile therefore depends on underwriting performance, investment income, capital strength and fee-based assets under management rather than on a single operating division.

Stock remains below yearly peak

Allianz had a market capitalization of EUR 159.0 billion as of September 30, 2026. The 52-week range was EUR 338.80 to EUR 454.60, placing the reference price EUR 36.60 below the high and EUR 79.20 above the low.

At Lang & Schwarz, Allianz was trading at EUR 418.00 on September 30, 2026 at 1:14 p.m. CEST, down 1.58 percent versus the prior close of EUR 424.70. The next scheduled company checkpoint is the Q3 2026 result on November 12, 2026.