Berenberg sets EUR 684 target for Allianz stock

Published on 10/20/2026 at 10:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Allianz posted EUR 9.4 billion operating profit in the first half of 2026. Allianz stock costs EUR 425.90 on October 20, 2026, unchanged versus Xetra close.

Analyst targets and earnings dates

Berenberg set a EUR 684.00 12-month target for Allianz on September 29, 2026.
Allianz delivered EUR 9.4 billion in operating profit in the first half of 2026, up 8.60 percent year over year.
Allianz stock trades at EUR 425.90 at 10:00 a.m. CEST at Lang & Schwarz on October 20, 2026, unchanged versus the Xetra close of October 19, 2026.
Allianz will publish third-quarter 2026 results on November 12, 2026.

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Allianz (ISIN DE0008404005) drew a EUR 684.00 12-month price target from Berenberg on September 29, 2026. According to Investing.com, Berenberg kept its Buy rating while maintaining that target.

Targets span a wide range

The EUR 684.00 target sits well above the EUR 425.90 Lang & Schwarz price, while the same analyst table lists targets from EUR 353.00 to EUR 684.00 across 16 analysts. The average 12-month target was EUR 447.27, and the consensus rating was Neutral, according to Investing.com.

What do the earnings mean?

Allianz reported EUR 9.4 billion in operating profit for the first half of 2026, an 8.60 percent increase from the prior-year period. Capital.com said the second-quarter operating profit was EUR 4.9 billion, up 10.60 percent year over year, while shareholders' core net income reached EUR 2.6 billion, down 12.70 percent. The figures were published in the company's first-half results dated August 7, 2026, as summarized by Capital.com.

Three dates frame the stock

On August 7, 2026, Allianz reported EUR 9.4 billion in first-half operating profit. On September 29, 2026, Berenberg set its EUR 684.00 target. On October 20, 2026, the stock stood at EUR 425.90 at Lang & Schwarz, unchanged against the Xetra close.

Results are next

Allianz will publish its third-quarter 2026 results on November 12, 2026. The company's investor-relations calendar also lists the Inside Allianz Series #16 for December 8, 2026, according to Allianz.

Stock holds near its yearly high

The 52-week range is EUR 338.80 to EUR 454.60, placing the current price below the upper end of that range. Allianz had a market capitalization of EUR 161.9 billion as of October 20, 2026. The valuation question is therefore split between robust first-half operating profit and a wide spread in analyst targets.

Allianz stock was trading at EUR 425.90 at Lang & Schwarz on October 20, 2026 at 10:00 a.m. CEST, 0.00 percent versus the Xetra close of October 19, 2026 at EUR 425.90. The further course of trading is shown by the continuously updated real-time quote of Allianz stock.