DZ Bank kept its EUR 625.00 fair value for Munich Re stock
Published on 10/09/2026 at 11:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- DZ Bank maintained a EUR 625.00 fair value and Buy rating for Munich Re on September 18, 2026.
- Second-quarter 2026 revenue reached EUR 18.64 billion, up 6.33 percent year over year.
- Munich Re stock was at EUR 523.80 at Lang & Schwarz on October 9, 2026, versus EUR 523.10 previously.
- The next earnings release is scheduled for November 12, 2026.
DZ Bank kept its Buy rating and EUR 625.00 fair value for Munich Re stock on September 18, 2026, according to FinanzNachrichten. The target stands 19.29 percent above the Lang & Schwarz price of EUR 523.80 on October 9, 2026, making the valuation gap a key market reference.
Analyst targets remain divided
Barclays set a EUR 598.00 target on September 4, 2026, while Berenberg set EUR 565.00 on September 8, 2026, figures listed by finanzen.net. The spread between those targets and DZ Bank's EUR 625.00 fair value shows how differently analysts assess Munich Re's reinsurance pricing outlook.
Second-quarter earnings grew
Munich Re reported EUR 18.64 billion in revenue for the second quarter of 2026, up 6.33 percent from EUR 17.53 billion in the prior-year quarter. Earnings per share rose to EUR 17.50 from EUR 15.94, an increase of 9.79 percent, according to finanzen.net on August 7, 2026.
Three dated analyst signals
On September 4, 2026, Barclays set a EUR 598.00 target; Berenberg followed with EUR 565.00 on September 8, 2026, as listed by finanzen.net. DZ Bank's EUR 625.00 fair value on September 18, 2026 was the latest of the three signals and carried a Buy rating.
What comes next for earnings?
Munich Re's next earnings release is scheduled for November 12, 2026, followed by an earnings presentation on November 13, 2026, according to MarketScreener. The date gives investors a defined checkpoint for judging whether the strong second-quarter earnings trend can offset softer reinsurance pricing.
Munich Re stock stays below its high
Munich Re was trading at EUR 523.80 at Lang & Schwarz on October 9, 2026 at 11:10 a.m. CEST, up 0.13 percent versus the Lang & Schwarz prior close of EUR 523.10 on October 8, 2026. Its 52-week range was EUR 437.40 to EUR 574.40 as of October 9, 2026, placing the price 8.81 percent below the high.
The further course of trading is shown by the continuously updated real-time quote of Munich Re stock.
Munich Re stock facts
- Company: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
- ISIN: DE0008430026
- WKN: 843002
- Ticker: MUV2
- Primary exchange: Xetra
- Price Lang & Schwarz as of October 9, 2026, 11:10 a.m. CEST: EUR 523.80
- Change versus prior close: plus 0.13 percent
- Prior close Lang & Schwarz October 8, 2026: EUR 523.10
- Market capitalization: EUR 67.0 billion as of October 9, 2026
- 52-week range: EUR 437.40-EUR 574.40 as of October 9, 2026
- Sector / Industry: Financial services / Reinsurance
- Index membership: DAX
- Next earnings date: November 12, 2026
Market context: Market report DAX.
