Jefferies cut target to EUR 550 for Munich Re stock
Published on 10/19/2026 at 10:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst pressure and company dates
- Jefferies cut its Munich Re target from EUR 600.00 to EUR 550.00 on September 25, 2026.
- Munich Re reported insurance revenue of EUR 60.4 billion for fiscal year 2025.
- Munich Re stock trades at EUR 547.00 at 10:12 a.m. CEST at Lang & Schwarz on October 19, 2026, 0.04 percent below the Xetra close of October 16, 2026.
- Munich Re's next quarterly results are scheduled for November 12, 2026.
Munich Re (ISIN DE0008430026) stood at EUR 547.00 at Lang & Schwarz on October 19, 2026 at 10:12 a.m. CEST, or EUR 0.20 below the Xetra close of October 16, 2026. According to FinanzNachrichten.de, Jefferies cut its target for Munich Re from EUR 600.00 to EUR 550.00 in a study dated September 25, 2026, while keeping a Hold rating.
Jefferies points to pricing pressure
The analyst note cited faster declines in reinsurance prices as a reason for uncertainty around Munich Re's strategic targets. Jefferies analyst Philip Kett still expected the targets to be achieved, but said implementation risks should be reflected in the cost of equity, according to FinanzNachrichten.de.
What does the EUR 550 target imply?
The target is 0.55 percent above the Lang & Schwarz price of EUR 547.00, using the same euro basis. That narrow gap makes the analyst's pricing concern more relevant to the stock's valuation than a large target premium would be.
Three dates frame the stock
Munich Re appointed Christoph Jurecka as chief executive officer on January 1, 2026, and its 2025 dividend was EUR 24.00 per share on April 30, 2026, according to Aktien Deutschland. The latest event in this chronology was the Jefferies target cut on September 25, 2026.
Munich Re's next quarterly results are scheduled for November 12, 2026, followed by its fiscal-year 2026 results on February 25, 2027, according to Aktien Deutschland.
Stock remains below its yearly high
Munich Re's 52-week range was EUR 437.40 to EUR 572.60 as of October 16, 2026, while market capitalization stood at EUR 68.8 billion. The company reported insurance revenue of EUR 60.4 billion for fiscal year 2025 and employed 44,595 people as of June 30, 2026, according to Aktien Deutschland.
At Lang & Schwarz, Munich Re was trading at EUR 547.00 on October 19, 2026 at 10:12 a.m. CEST, minus 0.04 percent versus the Xetra close of October 16, 2026 at EUR 547.20. The further course of trading is shown by the continuously updated real-time quote of Munich Re stock.
Munich Re stock key data
- Company: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
- ISIN: DE0008430026
- WKN: 843002
- Ticker: MUV2
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 19, 2026, 10:12 a.m. CEST): EUR 547.00
- Change versus Xetra close: minus 0.04 percent
- Xetra close (October 16, 2026): EUR 547.20
- Market capitalization: EUR 68.8 billion (as of October 16, 2026)
- 52-week range: EUR 437.40-EUR 572.60 (as of October 16, 2026)
- Sector / Industry: Financial Services / Insurance - Reinsurance
- Index membership: DAX
- Next earnings date: November 12, 2026
Market context: Market report DAX.
