Duke Royalty Ltd 21.1% potential upside indicated by Canaccord Genuity

Duke Royalty Ltd with ticker (LON:DUKE) now has a potential upside of 21.1% according to Canaccord Genuity.



Canaccord Genuity set a target price of 53 GBX for the company, which when compared to the Duke Royalty Ltd share price of 42 GBX at opening today (13/04/2022) indicates a potential upside of 21.1%. Trading has ranged between 33 (52 week low) and 48 (52 week high) with an average of 623,785 shares exchanging hands daily. The market capitalisation at the time of writing is £152,491,360.

Duke Royalty Limited is a Guernsey-based diversified royalty investment company. The Company specializes in diversified royalty financing and provides alternative capital solutions to a diversified range of businesses in Europe and abroad. The Company’s investment policy is to invest in, without limitation and restrictions (including geographical restrictions), long-term, revenue-based royalties in private and/or public companies, and or other alternative asset classes and/or financing instruments from time to time that bear similar risk and return characteristics. The Company provides financing solutions to private companies that are in need of capital but whose owners wish to maintain equity control of their business. It provides capital to companies in exchange for rights to a small percentage of future revenues.