Conduit Holdings Ltd 15.9% potential upside indicated by RBC Capital Markets

Conduit Holdings Ltd with ticker (LON:CRE) now has a potential upside of 15.9% according to RBC Capital Markets.



RBC Capital Markets set a target price of 400 GBX for the company, which when compared to the Conduit Holdings Ltd share price of 336 GBX at opening today (20/05/2022) indicates a potential upside of 15.9%. Trading has ranged between 3 (52 week low) and 353 (52 week high) with an average of 97,402 shares exchanging hands daily. The market capitalisation at the time of writing is £581,327,813.

Conduit Holdings Ltd is a Bermuda-based company. It is engaged in reinsurance underwriting business focusing on producing risk adjusted returns from a diversified and focused business plan. The Company is focused on reinsurance in property, casualty and specialty classes.