Berenberg keeps target for Talanx stock at EUR 163.00

Published on 10/06/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Berenberg confirms its Buy rating and EUR 163.00 target for Talanx stock. The quote is EUR 119.30 versus EUR 118.95 on October 6, 2026.

Pop-Art-Comic-Illustration eines Versicherungsvertreters beim Handschlag mit einer lächelnden Familie — Talanx AG (DE000TLX1005) interpretiert als farbenfrohe Pop-Art-Comic-Szene eines Versicherungsvertreters mit zufriedener Familie, Illustration mit AI erstellt.

Talanx (ISIN DE000TLX1005) was trading at EUR 119.30 at Lang & Schwarz on October 6, 2026 at 10:33 a.m. CEST, up 0.29 percent versus the prior close of EUR 118.95. According to FinanzNachrichten on October 1, 2026, Berenberg kept its Buy rating and EUR 163.00 price target for Talanx. The target is EUR 43.70 above the Lang & Schwarz price, equivalent to 36.63 percent using the price-target comparison.

Berenberg sees DAX potential

Berenberg analyst Michael Huttner identified Talanx as a candidate for inclusion in the DAX at the next regular review in March 2027, according to the same October 1, 2026 report from FinanzNachrichten. The analysis also placed a limit on the near-term case: Talanx did not meet the stricter free-float market capitalization requirements for an earlier Fast Entry.

The index angle gives the target a second dimension. Talanx would need to convert its company value into sufficient free-float value, making index eligibility dependent on both the share price and the portion of shares available to investors.

Record half-year supports guidance

Talanx reported net income of EUR 1.50 billion for the first half of 2026, an increase of 9.00 percent from the first half of 2025, according to Investing.com on October 1, 2026. Insurance revenue reached EUR 24.30 billion in the same period, while large losses totaled EUR 942.00 million against a budget of EUR 1.42 billion.

The company raised its full-year 2026 outlook to net income of more than EUR 2.70 billion, with the half-year result providing the operating backdrop for that guidance. The next scheduled reporting date is November 12, 2026, when Talanx is due to publish results for the first nine months of 2026, as shown on its Talanx investor-relations page.

Stock remains below yearly high

The Lang & Schwarz quote places Talanx below its EUR 128.80 52-week high and above its EUR 97.65 52-week low on October 6, 2026. Its market capitalization was EUR 30.8 billion on the same date, while the primary listing is on Xetra under ticker TLX and the shares are included in the MDAX.

For investors, the current setup combines a fresh analyst target with a measurable earnings base. Berenberg's EUR 163.00 target is 36.63 percent above the Lang & Schwarz price, while the first-half net income growth of 9.00 percent gives the valuation discussion a reported operating reference.

Trading price and next date

Talanx was trading at EUR 119.30 at Lang & Schwarz on October 6, 2026 at 10:33 a.m. CEST, plus 0.29 percent versus the Lang & Schwarz prior close of EUR 118.95 on October 5, 2026. The next scheduled company result is the first nine months of 2026 on November 12, 2026.

The further course of trading is shown by the continuously updated real-time quote of Talanx stock.