Conduit (LON:CRE) Given Buy Rating at Berenberg Bank

Posted by Latisha Jones on Oct 9th, 2026

Conduit (LON:CRE – Get Free Report)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a research note issued on Friday, London Stock Exchange reports. They currently have a GBX 765 price objective on the stock. Berenberg Bank’s price objective points to a potential upside of 77.29% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. Jefferies Financial Group reissued a “buy” rating and issued a GBX 488 target price on shares of Conduit in a research report on Wednesday, September 9th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 450 price target on shares of Conduit in a research report on Friday, July 31st. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 530 price target on shares of Conduit in a research note on Thursday. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Conduit currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 558.25.

Check Out Our Latest Stock Analysis on CRE

Conduit Trading Up 2.7%

Shares of LON CRE opened at GBX 431.50 on Friday. The company has a fifty day moving average price of GBX 452.80 and a 200 day moving average price of GBX 445.94. The firm has a market cap of £604.28 million, a PE ratio of 3.20 and a beta of 0.58. Conduit has a 1-year low of GBX 320 and a 1-year high of GBX 485.50.

Insider Activity

In related news, insider Neil David Eckert sold 43,958 shares of the company’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of GBX 473, for a total transaction of £207,921.34. Corporate insiders own 1.92% of the company’s stock.

About Conduit

(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).