Conduit Holdings Limited (LON:CRE – Get Free Report)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 397.13 ($5.02) and last traded at GBX 406 ($5.13), with a volume of 1452306 shares traded. The stock had previously closed at GBX 437 ($5.52).
Analysts Set New Price Targets
Separately, Berenberg Bank reissued a “buy” rating and set a GBX 700 ($8.84) price target on shares of Conduit in a research note on Wednesday, February 12th.
View Our Latest Stock Analysis on Conduit
Conduit Stock Down 0.6 %
Conduit Company Profile
Conduit Re is a pure play global reinsurance business based in Bermuda. 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.
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