Talanx stock: JPMorgan lifts target for Talanx stock to EUR 140.00

Published on 10/23/2026 at 16:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 net income reached EUR 1.50 billion. Talanx stock costs EUR 124.75 on October 23, 2026, down 1.69 percent versus the Xetra close.

JPMorgan target raised

JPMorgan raised its Talanx target from EUR 125.00 to EUR 140.00 on October 21, 2026.
Talanx reported EUR 1.50 billion in net income for the first half of 2026, up 9.00 percent.
Talanx stock costs EUR 124.75 at Lang & Schwarz on October 23, 2026 at 4:33 p.m. CEST, down 1.69 percent versus the Xetra close of October 22, 2026.
Talanx is scheduled to publish results for the period ending September 30, 2026 on November 12, 2026.

Isometrische 3D-Grafik einer Versicherungs-Wertschöpfungskette mit Häusern, Autos und Figuren — Talanx AG (DE000TLX1005) dargestellt als isometrisches 3D-Diagramm der Wertschöpfungskette von Risikoprüfung bis Schadensauszahlung, Illustration mit AI erstellt.

Talanx (DE000TLX1005) now has a JPMorgan price target of EUR 140.00, up from EUR 125.00. On October 21, 2026, FinanzNachrichten reported that JPMorgan kept its Overweight rating and lifted the target. At Lang & Schwarz, Talanx was trading at EUR 124.75 on October 23, 2026 at 4:33 p.m. CEST, down 1.69 percent versus the Xetra close of October 22, 2026 at EUR 126.90.

Half-year earnings set the base

On August 14, 2026, Talanx reported net income of EUR 1.50 billion for the first half of 2026, an increase of 9.00 percent. The company also said it expected to exceed its previous full-year forecast, giving the November report added importance.

Stock stays below its yearly high

The EUR 124.75 price is 3.15 percent below the 52-week high of EUR 128.80 and 27.75 percent above the 52-week low of EUR 97.65. Trading volume stood at 17,281 shares on October 23, 2026. The current level therefore sits near the upper end of the yearly range, although the daily move remains negative.

What does EUR 140.00 imply?

JPMorgan's target lies 12.22 percent above the Lang & Schwarz price. The next scheduled company date is November 12, 2026, when Talanx is due to publish results for the period ending September 30, 2026, according to Talanx.

Comparison with peers

Talanx: down 1.69 percent, P/E 12.35, market capitalization EUR 32.2 billion.

Munich Re (Xetra, EUR): down 0.60 percent, P/E 10.35, market capitalization EUR 70.0 billion.

Hannover Re (Xetra, EUR): down 0.85 percent, P/E 3.70, market capitalization EUR 33.8 billion.

Target and price in context

JPMorgan's higher target places the emphasis on the upcoming reporting period rather than on the daily price move. Talanx's market capitalization was EUR 32.2 billion on October 23, 2026, while its price remained below the year's high.

Talanx was trading at EUR 124.75 at Lang & Schwarz on October 23, 2026 at 4:33 p.m. CEST, down 1.69 percent versus the Xetra close of October 22, 2026 at EUR 126.90. The further course of trading is shown by the continuously updated real-time quote of Talanx stock.