Conduit Holdings Ltd 44.4% potential upside indicated by Berenberg Bank

Conduit Holdings Ltd with ticker (LON:CRE) now has a potential upside of 44.4% according to Berenberg Bank.



Berenberg Bank set a target price of 615 GBX for the company, which when compared to the Conduit Holdings Ltd share price of 342 GBX at opening today (31/05/2022) indicates a potential upside of 44.4%. Trading has ranged between 3 (52 week low) and 343 (52 week high) with an average of 92,089 shares exchanging hands daily. The market capitalisation at the time of writing is £561,251,493.

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.