Conduit (LON:CRE) Earns “Buy” Rating from Berenberg Bank

Posted by Max Byerly on Oct 9th, 2026

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

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

Check Out Our Latest Analysis on CRE

Conduit Stock Performance

Shares of CRE stock opened at GBX 431.50 on Friday. Conduit has a 52-week low of GBX 320 and a 52-week high of GBX 485.50. The stock has a market cap of £604.28 million, a price-to-earnings ratio of 3.20 and a beta of 0.58. The firm’s 50-day moving average is GBX 452.80 and its 200-day moving average is GBX 445.94.

Insider Transactions at Conduit

In other Conduit news, insider Neil David Eckert sold 43,958 shares of the company’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of GBX 473, for a total value of £207,921.34. 1.92% of the stock is owned by company insiders.

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).