Conduit (LON:CRE) Hits New 52-Week High – Here’s Why

Posted by Brenda Bartman on Sep 18th, 2026

Shares of Conduit Holdings Limited (LON:CRE – Get Free Report) hit a new 52-week high during trading on Friday . The stock traded as high as GBX 485.50 and last traded at GBX 484.50, with a volume of 1049767 shares. The stock had previously closed at GBX 480.50.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Berenberg Bank reiterated a “buy” rating and issued a GBX 765 price target on shares of Conduit in a report on Monday, September 7th. Jefferies Financial Group restated a “buy” rating and set a GBX 488 price objective on shares of Conduit in a report on Wednesday, September 9th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 450 price objective on shares of Conduit in a research report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Conduit presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 560.75.

View Our Latest Research Report on Conduit

Conduit Stock Performance

The stock has a 50-day moving average of GBX 447.12 and a 200-day moving average of GBX 442.94. The firm has a market cap of £678.50 million, a price-to-earnings ratio of 3.59 and a beta of 0.58.

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).