Conduit (LON:CRE) Reaches New 12-Month High – Still a Buy?

Posted by Logan Wallace on May 13th, 2026

Conduit Holdings Limited (LON:CRE – Get Free Report) hit a new 52-week high during mid-day trading 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.

Analysts Set New Price Targets

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 analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Conduit currently has a consensus rating of “Moderate Buy” and an average price target of GBX 514.

Check Out Our Latest Research Report on CRE

Conduit Stock Performance

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

Insiders Place Their Bets

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