Talanx stock: Berenberg keeps EUR 163.00 target for Talanx stock

Berenberg maintained its Buy rating and EUR 163.00 price target for Talanx on October 2, 2026, according to The Globe and Mail. The target stood 30.40 percent above the Xetra price of EUR 125.00. Talanx was last at EUR 125.00 on Xetra on October 16, 2026 at 5:18 p.m. CEST, 0.48 percent above the Xetra close of October 15, 2026 at EUR 124.40.

First-half earnings set the baseline

Talanx reported net income of EUR 1.50 billion for the first half of 2026, an increase of 9.00 percent from the prior-year period. The figure and the August 14, 2026 release date were reported by Europe Says. The report also described return on equity of 21.50 percent and full-year net income guidance significantly above EUR 2.70 billion.

The earnings profile gives the analyst target a clear numerical reference. First-half net income was EUR 1.50 billion, while the guidance level implies that the second half remains important for reaching the annual objective.

Stock stays below its yearly high

The Xetra price of EUR 125.00 stood 2.95 percent below the 52-week high of EUR 128.80 and 28.11 percent above the 52-week low of EUR 97.65 on October 16, 2026. The session range was EUR 123.00 to EUR 125.10, and trading volume reached 27,701 shares against an average of 130,829 shares.

Valuation and the next reporting date

Talanx had a market capitalization of EUR 32.3 billion and a P/E ratio of 12.39 as of October 16, 2026. The dividend yield was 0.03 percent. The next reporting date is November 12, 2026, when Talanx is scheduled to publish results for the period ended September 30, 2026, according to its investor relations calendar.

Comparison with peers

Talanx: plus 0.48 percent, P/E 12.39, market capitalization EUR 32.3 billion
Allianz (Xetra, EUR): plus 1.07 percent, P/E 14.31, market capitalization EUR 165.2 billion
Hannover Re (Xetra, EUR): plus 0.88 percent, P/E 3.63, market capitalization EUR 33.1 billion

Price and target remain separate signals

The market price was below the Berenberg target while the valuation remained measurable against larger insurance groups. The scheduled November reporting date is the next company-specific calendar point.

The latest Xetra price was EUR 125.00 on October 16, 2026 at 5:18 p.m. CEST, 0.48 percent above the Xetra close of October 15, 2026 at EUR 124.40. The further course of trading is shown by the continuously updated real-time quote of Talanx stock.

Market context: Market report DAX.

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