Talanx stock: Berenberg keeps EUR 163.00 target for Talanx stock

Published on 10/19/2026 at 16:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are scheduled for November 12, 2026. Talanx stock costs EUR 123.90 on October 19, 2026 at 4:43 p.m. CEST, 0.80 percent below the Xetra close.

Analysts and upcoming results

Berenberg maintained its Buy rating and EUR 163.00 target for Talanx on September 30, 2026.
Talanx is scheduled to publish its results for the period ending September 30, 2026, on November 12, 2026.
Talanx stock costs EUR 123.90 at Lang & Schwarz on October 19, 2026 at 4:43 p.m. CEST, 0.80 percent below the Xetra close of October 16, 2026.
Talanx reported a P/E ratio of 12.27 and a market capitalization of EUR 32.0 billion as of October 19, 2026.

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Talanx (ISIN DE000TLX1005) remained a Buy at Berenberg, which kept its EUR 163.00 price target in a report dated September 30, 2026. The target stands 31.56 percent above the EUR 123.90 Lang & Schwarz price at 4:43 p.m. CEST on October 19, 2026. The quote was 0.80 percent below the Xetra close of October 16, 2026.

Half-year earnings set the baseline

The latest operating picture is built on the first half of 2026. FNE reported that Talanx increased its net income to EUR 1.499 billion from EUR 1.373 billion in the first half of 2025, a gain of 9.00 percent. The insurance service result rose 15.00 percent to EUR 2.949 billion, while the net combined ratio improved to 88.70 percent from 90.70 percent.

Range and trading position

The bid and ask at Lang & Schwarz were both EUR 123.90 at 4:43 p.m. CEST on October 19, 2026. The 52-week range was EUR 97.65 to EUR 128.80 as of October 19, 2026, leaving the stock 3.80 percent below its high. Trading volume was 13,528 shares against an average of 130,004 shares on the same date.

Valuation and next results date

Talanx had a market capitalization of EUR 32.0 billion, a P/E ratio of 12.27 and a dividend yield of 3.00 percent as of October 19, 2026. EQS News reported on October 6, 2026, that Talanx will publish its results for the period ending September 30, 2026, on November 12, 2026.

dpa-AFX said Berenberg also viewed Talanx as a candidate for regular DAX inclusion in March, while the criteria for an earlier entry were not met.

Comparison with peers

Talanx (Xetra, EUR): minus 0.80 percent, P/E 12.27, market capitalization EUR 32.0 billion.
Allianz (Xetra, EUR): minus 2.12 percent, P/E 14.00, market capitalization EUR 161.5 billion.
Hannover Rück (Xetra, EUR): minus 0.44 percent, P/E 3.61, market capitalization EUR 32.9 billion.

Price holds above the yearly low

Talanx stock was trading at EUR 123.90 at Lang & Schwarz on October 19, 2026 at 4:43 p.m. CEST, 0.80 percent below the Xetra close of October 16, 2026 at EUR 124.90.

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