Berenberg keeps Buy rating for Talanx stock at EUR 163.00

Published on 10/07/2026 at 10:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Talanx stock costs EUR 119.60 on October 7, 2026 versus EUR 119.30. Net income reached EUR 1.5 billion in the first half of 2026.

Editorial-Foto vom Frankfurter Börsenparkett mit großen Bildschirmen und Aktiencharts — Talanx AG (DE000TLX1005) gezeigt im Börsen-Editorial-Stil auf dem Frankfurter Trading Floor mit Versicherungssektor-Charts, Illustration mit AI erstellt.

Talanx (ISIN DE000TLX1005) was trading at EUR 119.60 at Lang & Schwarz on October 7, 2026 at 10:01 a.m. CEST, up 0.25 percent versus the EUR 119.30 prior close. Berenberg retained its Buy rating and EUR 163.00 price target for Talanx on September 30, 2026, according to FinanzNachrichten.

Berenberg sees DAX potential

Berenberg analyst Michael Huttner identified Talanx as a candidate for inclusion in the DAX during the regular index review in March 2027, the same report said. The company ranked 37th by free-float market capitalization, while the stricter Fast Entry route requires a higher ranking.

The EUR 163.00 target stands 36.28 percent above the Lang & Schwarz price of EUR 119.60. That comparison puts the analyst view in a different category from the immediate daily move, which was plus 0.25 percent at the quoted time.

First-half profit sets the base

Talanx recorded EUR 1.5 billion in net income for the first half of 2026, up 9.00 percent from the first half of 2025, according to EuropeSays in its August 14, 2026 report. Primary Insurance net income increased 12.00 percent to EUR 780.00 million, while Retail International net income rose 16.00 percent to EUR 387.00 million.

The same report said Talanx raised its full-year 2026 net income guidance to more than EUR 2.7 billion and expects a return on equity above 19.00 percent. Insurance revenue grew 3.00 percent on a currency-adjusted basis during the first half, showing that profit growth outpaced the top-line trend.

Stock stays below yearly high

Talanx had a market capitalization of EUR 31.0 billion and a 52-week range of EUR 97.65 to EUR 128.80 as of October 7, 2026. The Lang & Schwarz price was 7.14 percent below the 52-week high, leaving earnings delivery and the November reporting date as the next measurable tests.

At Lang & Schwarz, Talanx stock was trading at EUR 119.60 on October 7, 2026 at 10:01 a.m. CEST, plus 0.25 percent versus the prior close of EUR 119.30 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Talanx stock.