Renta 4 raises target for Mapfre stock from EUR 4.10 to EUR 4.59

Published on 10/07/2026 at 09:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 profit rose 9.40 percent to EUR 624 million. Mapfre stock was EUR 4.25 on October 7, 2026 versus EUR 4.27, down 0.47 percent.

Bunte Pop-Art-Comicszene mit Versicherungsagent und Familie, passend zu Mapfre S.A. (ES0124244E34) — Pop-Art-Comic mit Versicherungsagent und Familie symbolisiert das Kerngeschäft von Mapfre S.A., ISIN ES0124244E34, Illustration mit AI erstellt.

Mapfre stock (ISIN ES0124244E34) was trading at EUR 4.25 at Lang & Schwarz on October 7, 2026 at 9:32 a.m. CEST, down 0.47 percent versus the prior close of EUR 4.27. In its October 6, 2026 report, Merca2 said Renta 4 raised its Mapfre target from EUR 4.10 to EUR 4.59 after factoring in Safety Insurance.

Renta 4 raises its valuation

The revised target implies a 7.99 percent premium to the Lang & Schwarz price of EUR 4.25, calculated from the target of EUR 4.59. Renta 4 also described the current entry level as demanding and identified Safety integration and inflation as factors that could shape the valuation, according to Merca2.

The target change gives the stock a concrete valuation reference, but the comparison remains currency consistent because both figures are in euros. The spread between the reference price and the target is smaller than a double-digit percentage, keeping the integration timetable central to the discussion.

First-half profit reaches EUR 624 million

Mapfre reported an attributable result of EUR 624 million for the first half of 2026, up 9.40 percent from the first half of 2025. Its premium volume reached EUR 16.127 billion in the same period, while the non-life combined ratio improved to 92.80 percent, according to Mapfre.

The operating figures provide the main counterweight to the valuation caution. Return on equity stood at 12.50 percent in the first half of 2026, up 0.20 percentage points year over year, and the Solvency II ratio was 208.80 percent at the end of June 2026, giving the balance sheet a measurable capital buffer.

Results date adds a near-term marker

Mapfre is scheduled to publish its next results on October 23, 2026, according to Investing.com. That date gives investors a defined point for testing whether first-half profitability and the Safety integration outlook are translating into the next reported period.

Mapfre trades on BME Madrid under ticker MAP and belongs to the insurance sector. Its market capitalization was EUR 13.1 billion on October 7, 2026, while the 52-week range was EUR 3.52 to EUR 4.62, placing the Lang & Schwarz price EUR 0.37 below the yearly high.

Mapfre stock stays below its yearly high

Mapfre was trading at EUR 4.25 at Lang & Schwarz on October 7, 2026 at 9:32 a.m. CEST, down 0.47 percent versus the prior close of EUR 4.27 on October 6, 2026. The 52-week range of EUR 3.52 to EUR 4.62 frames the current quote, while the October 23 results date supplies the next company-specific checkpoint. The further course of trading is shown by the continuously updated real-time quote of Mapfre stock.