Conduit (LON:CRE) Hits New 1-Year High – Here’s Why

Posted by Stacy Sanders on May 13th, 2026

Shares of Conduit Holdings Limited (LON:CRE – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 461 and last traded at GBX 458.50, with a volume of 1930621 shares changing hands. The stock had previously closed at GBX 443.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 782 price target on shares of Conduit in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 514.

Check Out Our Latest Report on CRE

Conduit Trading Up 3.5%

The stock has a market cap of £680.33 million, a PE ratio of 6.20 and a beta of 0.58. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.19 and a current ratio of 443.50. The company has a 50 day moving average of GBX 431.43 and a two-hundred day moving average of GBX 392.48.

Insider Activity at Conduit

In other news, insider Ken Randall sold 55,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of GBX 427, for a total value of £234,850. Also, insider Neil David Eckert sold 4,850 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of GBX 407, for a total value of £19,739.50. 1.64% of the stock is currently owned by company insiders.

Conduit Company Profile

(Get Free Report)

Conduit Re is a Bermuda-based multi-line reinsurance business with global reach. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Conduit Reinsurance Limited. The outlook assigned to these ratings is stable.

Conduit Holdings Limited is the ultimate parent of Conduit Reinsurance Limited and is listed on the London Stock Exchange (ticker: CRE).