Conduit Holdings Ltd 35.9% potential upside indicated by Berenberg Bank

Conduit Holdings Ltd with ticker (LON:CRE) now has a potential upside of 35.9% according to Berenberg Bank.



Berenberg Bank set a target price of 640 GBX for the company, which when compared to the Conduit Holdings Ltd share price of 410 GBX at opening today (18/02/2022) indicates a potential upside of 35.9%. Trading has ranged between 4 (52 week low) and 411 (52 week high) with an average of 205,508 shares exchanging hands daily. The market capitalisation at the time of writing is £674,712,810.

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.