Berenberg keeps target for Talanx stock at EUR 163

Published on 10/05/2026 at 13:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Talanx earned EUR 1.5 billion in the first half of 2026. Talanx stock was EUR 118.60 on October 5, 2026, up 0.81 percent from EUR 117.65.

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 118.60 at Lang & Schwarz on October 5, 2026 at 1:18 p.m. CEST, up 0.81 percent versus the prior close of EUR 117.65. According to FinanzNachrichten on October 1, 2026, Berenberg kept its Buy rating and a EUR 163.00 price target for Talanx.

Berenberg keeps target at EUR 163

Berenberg analyst Michael Huttner identified Talanx as a potential candidate for inclusion in the DAX during the regular index review in March 2027. The same assessment said the company did not rank highly enough in free-float market capitalization for an earlier fast entry.

The EUR 163.00 target stands 37.44 percent above the Lang & Schwarz price of EUR 118.60. That gap gives the analyst view a clear valuation frame, while the stock's daily move remained below the 1.00 percent threshold that would signal a larger one-day price reaction.

Half-year profit reaches EUR 1.5 billion

EuropeSays reported on September 24, 2026 that Talanx generated EUR 1.5 billion of net income in the first half of 2026, up 9.00 percent year over year. The report also described a return on equity of 21.50 percent for the period.

The company raised its full-year 2026 net income guidance to significantly above EUR 2.7 billion, according to the same earnings coverage. That outlook compares with the record first-half result, but management retained caution around large losses during the hurricane season.

Stock remains below its yearly high

At EUR 118.60, Talanx stood 7.92 percent below the 52-week high of EUR 128.80 and 21.51 percent above the 52-week low of EUR 97.65 on October 5, 2026. The market capitalization was EUR 30.6 billion on the same date, placing the valuation in the context of a stock that remains closer to its yearly high than its yearly low.

November results set the next marker

The Talanx investor-relations calendar lists November 12, 2026 for results covering September 30, 2026. The date matters because the third quarter will provide the next reported checkpoint for large losses and the full-year net income outlook.

EUR 118.60 in afternoon trading

Lang & Schwarz showed EUR 118.60 on October 5, 2026 at 1:18 p.m. CEST, plus 0.81 percent versus the prior close of EUR 117.65 on October 2, 2026. Talanx is listed on Xetra under ticker TLX and is a member of the MDAX.

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