Talanx stock: Berenberg keeps EUR 163 target for Talanx stock

Published on 10/20/2026 at 15:45 | 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 124.75 on October 20, 2026, up 0.52 percent versus Xetra close.

Berenberg target and reporting date

On September 30, 2026, Berenberg kept its Buy rating and EUR 163.00 target for Talanx.
First-half 2026 net income reached EUR 1.50 billion, up 9.00 percent year over year.
Talanx stock costs EUR 124.75 at Lang & Schwarz on October 20, 2026 at 3:34 p.m. CEST, 0.52 percent above the Xetra close of October 19, 2026, 3.15 percent below the 52-week high.
Talanx is scheduled to publish results for the period ending September 30, 2026, on November 12, 2026.

Architektur-Render eines beleuchteten modernen Glashochhauses eines Versicherungskonzerns bei Dämmerung — Talanx AG (DE000TLX1005) illustriert durch einen Architektur-Render eines modernen gläsernen Versicherungs-Hochhauses am Abend, Illustration mit AI erstellt.

Talanx (ISIN DE000TLX1005) has a EUR 163.00 Berenberg target against a EUR 124.75 Lang & Schwarz price on October 20, 2026 at 3:34 p.m. CEST, up 0.52 percent versus the Xetra close of October 19, 2026 at EUR 124.10. On September 30, 2026, Berenberg kept its Buy rating and EUR 163.00 target, according to Finanznachrichten. The target stands 30.66 percent above the Lang & Schwarz price.

First-half earnings set the tone

Talanx reported net income of EUR 1.50 billion for the first half of 2026, an increase of 9.00 percent from the same period of 2025. Its investor-relations page also states that the company expects to exceed its previous full-year outlook, while the reported half-year result was published on August 14, 2026, according to Talanx. The earnings figure gives the analyst target a current operating reference rather than leaving it as a stand-alone valuation signal.

Stock stays below its yearly high

The stock's 52-week range was EUR 97.65 to EUR 128.80 as of October 20, 2026. At EUR 124.75, Talanx stood 3.15 percent below the high and 27.71 percent above the low. Trading volume was 26,446 shares at 3:28 p.m. CEST, while market capitalization was EUR 32.2 billion.

Valuation and next reporting date

Talanx had a price-to-earnings ratio of 12.33 on October 20, 2026. The next scheduled reporting date is November 12, 2026, when Talanx plans to publish results for the period ending September 30, 2026, as listed on Talanx. That date gives investors the next defined checkpoint for the earnings trend and the full-year outlook.

Comparison with peers

Talanx: up 0.52 percent, P/E 12.33, market capitalization EUR 32.2 billion.

Hannover Re (Xetra, EUR): up 0.88 percent, P/E 3.64, market capitalization EUR 33.3 billion.

Munich Re (Xetra, EUR): up 0.77 percent, P/E 10.17, market capitalization EUR 68.8 billion.

Price and investor perspective

The current quotation leaves Talanx 3.15 percent below its 52-week high, while the Berenberg target is 30.66 percent above the Lang & Schwarz price. The upcoming November 12, 2026 report is the next dated event for testing the earnings trajectory.

The further course of trading is shown by the continuously updated real-time quote of Talanx stock.