Berenberg kept EUR 163 target for Talanx stock

Published on 10/09/2026 at 13:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net income reached EUR 1.50 billion, up 9.00 percent. Talanx stock costs EUR 119.80 after EUR 119.35 on October 9, 2026.

Key points in brief

Berenberg kept its Buy rating and EUR 163.00 target for Talanx stock on October 1, 2026.
First-half 2026 net income reached EUR 1.50 billion, up 9.00 percent year over year.
Talanx stock was trading at EUR 119.80 at Lang & Schwarz on October 9, 2026, plus 0.38 percent versus the prior close.
Talanx is scheduled to publish its second-half interim statement on November 12, 2026.
The insurer is listed on Xetra and is a member of the MDAX.

Schwarzweiß-Reportagefoto von drei Versicherungsangestellten beim Besprechen von Vertragsunterlagen — Talanx AG (DE000TLX1005) dargestellt als Schwarzweiß-Reportage von Versicherungsmitarbeitern bei Vertragsprüfung im Büro, Illustration mit AI erstellt.

Berenberg kept its Buy rating and EUR 163.00 target for Talanx stock on October 1, 2026, while the insurer's first-half net income had reached EUR 1.50 billion. The target places the current Lang & Schwarz price 26.50 percent below Berenberg's target, using the same euro basis.

Three milestones shape the year

On August 14, 2026, Talanx reported first-half net income of EUR 1.50 billion, up 9.00 percent year over year, according to EuropeSays. On September 24, 2026, the earnings-call summary put first-half return on equity at 21.50 percent and reported full-year net income guidance above EUR 2.70 billion, also according to EuropeSays. On October 1, 2026, Berenberg retained its Buy rating and EUR 163.00 target, as FinanzNachrichten.de reported.

What does the next report add?

The next scheduled reporting date is November 12, 2026. An EQS Group announcement distributed on October 6, 2026 set that date for Talanx's second-half quarterly or interim statement. The result will test whether the first-half earnings pace and guidance above EUR 2.70 billion remain supported after the typically more loss-sensitive third quarter.

Stock remains below the target

Talanx's market capitalization was EUR 30.9 billion as of October 9, 2026, while its 52-week range was EUR 97.65 to EUR 128.80. The Lang & Schwarz price of EUR 119.80 stood EUR 9.00 below the 52-week high, leaving the stock 6.99 percent below that level. At 12:57 p.m. CEST on October 9, 2026, Talanx was trading at EUR 119.80 at Lang & Schwarz, up 0.38 percent versus the prior close of EUR 119.35 on October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Talanx stock.