Conduit Holdings Ltd 25.1% potential upside indicated by Berenberg Bank

Conduit Holdings Ltd with ticker (LON:CRE) now has a potential upside of 25.1% according to Berenberg Bank.



Berenberg Bank set a target price of 620 GBX for the company, which when compared to the Conduit Holdings Ltd share price of 465 GBX at opening today (12/01/2022) indicates a potential upside of 25.1%. Trading has ranged between 398 (52 week low) and 568 (52 week high) with an average of 449,223 shares exchanging hands daily. The market capitalisation at the time of writing is £765,470,029.

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.