Duke Royalty Ltd 62.1% potential upside indicated by Canaccord Genuity

Duke Royalty Ltd with ticker (LON:DUKE) now has a potential upside of 62.1% according to Canaccord Genuity.



Canaccord Genuity set a target price of 55 GBX for the company, which when compared to the Duke Royalty Ltd share price of 34 GBX at opening today (12/01/2024) indicates a potential upside of 62.1%. Trading has ranged between 29 (52 week low) and 36 (52 week high) with an average of 625,628 shares exchanging hands daily. The market capitalisation at the time of writing is £139,841,493.

Duke Royalty Limited is a Guernsey-based provider of alternative capital solutions to a diversified range of businesses in Europe and abroad. The Company’s investing policy is to invest in a diversified portfolio of royalty finance and related opportunities. It invests capital in profitable, long-term businesses. It offers a minimally dilutive solution that enables management teams to retain control and focus on growing their business without re-financing risk. It provides capital in exchange for interest distributions that fluctuate with future revenues and are aligned to its royalty partners. It invests across a diverse range of sectors, including industrials, healthcare, technology, leisure, and business services. The Company’s wholly owned subsidiaries include Duke Royalty UK Limited, Capital Step Holdings Limited, Capital Step Investments Limited, Capital Step Funding Limited, Capital Step Funding 2 Limited and Duke Royalty Employee Benefit Trust.