Munich Re, DE0008430026

Munich Re stock heads into the open after a 0.9 percent drop

Published on 09/21/2026 at 08:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

At the close on September 19, 2026, Munich Re stock ended at EUR 505.80 on Xetra, down 0.9 percent. The move left the shares about 11.7 percent below Berenberg's EUR 565 target and roughly 23.5 percent below DZ Bank's EUR 625 fair value.

Dramatische Vogelperspektive der Münchner Innenstadt im goldenen Morgenlicht. Bürotürme und Kirchtürme zeichnen sich vor dem orangefarbenen Horizont ab. Rückversicherungs-Motiv für Munich Re, ISIN DE0008430026
Münchner Bürotürme und Kirchtürme bei goldenem Sonnenaufgang im Stadtzentrum. Munich Re, ISIN DE0008430026, Illustration mit AI erstellt.

Munich Re stock closed at EUR 505.80 on Xetra on September 19, 2026, down 0.9 percent from the prior session. The shares finished about 11.7 percent below Berenberg's EUR 565 target and roughly 23.5 percent below DZ Bank's EUR 625 fair value.

September 19, 2026 in numbers

Munich Re (ISIN DE0008430026) traded at EUR 505.80 on Xetra, after touching an intraday high of EUR 510.20 and a low of EUR 502.60. The stock's session span stayed inside the recent analyst range, with the close landing EUR 1.20 below the day's midpoint.

According to Ad-hoc-news, DZ Bank kept its Buy rating and fair value at EUR 625 on September 19, 2026, while a separate analyst overview cited by the same outlet put Berenberg at Hold with a EUR 565 target. The quoted gap to those levels gives the shares a clear comparison point ahead of the next session.

Today in focus

According to Ad-hoc-news, the stock is being framed by a 2026 profit target of EUR 6.3 billion and an expected reinsurance premium base of EUR 38 billion. Those figures remain the main company-specific reference points going into September 21, 2026, alongside broader analyst attention on the shares.

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