Conduit Holdings Ltd 45.4% potential upside indicated by Berenberg Bank

Conduit Holdings Ltd with ticker (LON:CRE) now has a potential upside of 45.4% 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 336 GBX at opening today (17/06/2022) indicates a potential upside of 45.4%. Trading has ranged between 3 (52 week low) and 341 (52 week high) with an average of 95,091 shares exchanging hands daily. The market capitalisation at the time of writing is £552,848,296.

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.