Risk factor
Low default risk
Profitability factor
Solid dividends
About
Talanx AG operates internationally, delivering a comprehensive suite of insurance and reinsurance services. Its extensive direct insurance portfolio encompasses life, casualty, liability, and motor coverage, alongside a wide array of property-related policies for risks such as fire, theft, water damage, windstorm, marine activities, and business interruption. The company also offers specialized products, including bancassurance, unit-linked life and annuity plans, long-term and occupational disability coverage, personal accident insurance, and Sharia-compliant retakaful. In the reinsurance sector, Talanx addresses property and casualty, marine and aviation, credit, agriculture, structured risks, and life and health segments, with a strong presence in facultative and natural catastrophe markets. Additionally, it engages in asset management. Founded in Hanover, Germany, in 1996, Talanx AG functions as a subsidiary of HDI Haftpflichtverband der Deutschen Industrie Versicherungsverein auf Gegenseitigkeit.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on
Target Price
The average target price of TLX.DE is 121 and suggests 19% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre