Follow us on:

Linkedin Facebook

Drax Group Plc 2.7% Potential Decrease Indicated by Macquarie

Broker Ratings
[shareaholic app="share_buttons" id_name="post_below_content"]

Drax Group Plc using EPIC/TICKER code (LON:DRX) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Macquarie. Drax Group Plc are listed in the Utilities sector within UK Main Market. Macquarie have set their target price at 280 GBX on its stock. This indicates the analyst believes there is a potential downside of -2.7% from today’s opening price of 287.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 34.6 points and decreased 92.6 points respectively. The 1 year high for the share price is 432.4 GBX while the 52 week low is 285.4 GBX.

Drax Group Plc has a 50 day moving average of 332.12 GBX and a 200 Day Moving Average share price is recorded at 375.83. There are currently 396,097,889 shares in issue with the average daily volume traded being 936,288. Market capitalisation for LON:DRX is £1,130,463,351 GBP.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:

Latest Company News

Drax Group plc

Drax Group’s New Deal Fuels Sustainable Growth – Longspur Research

Drax Group Plc partners with Pathway Energy to supply sustainable aviation fuel, driving innovation and meeting ambitious sustainability goals by 2029.
Drax Group

Drax Group Plc CFO Andy Skelton to retire from Board

Drax Group CFO Andy Skelton announces retirement, with a successor search underway as he continues in his role until a replacement is found.
Broker Ratings

Drax Group Plc 15.8% potential upside indicated by Jefferies

Drax Group plc

Drax Group’s Opus Energy to sell SME customer book to EDF Energy

Drax Group plc (LON:DRX) announces the sale of up to 90,000 SME customer meter points from Opus Energy to EDF Energy, reinforcing its decarbonization strategy.
Drax Group plc

Drax Group: First-mover advantages key to renewables future, says fund manager

Gervais Williams of Diverse Income Trust praises Drax Group plc (LON:DRX) for its leading position in renewable energy, highlighting strong financial performance and future potential.

Market Insights and Investment Strategies with Gervais Williams (VIDEO)

Gervais Williams, Co-Fund Manager of The Diverse Income Trust, shares insights on UK's market, economy post spring budget, including company-specific analysis.

Latest interviews

View all interviews 

Company Presentations

View all Company Presentations

Brokers Talk

View all Broker Talk

FTSE 100 News

Search

Search

Green News

View all Sustainable sectors, Plcs and news  

Q&A's

View all Question and Answers

Funds

View all Funds, Market Insights and news

UK Broker Ratings

Hardman & Co

Don't Miss Our News Alerts

Subscribe Free

Find us on:

Linkedin Facebook

Useful links

Disclaimer

You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular stock, share, security, portfolio of securities, transaction, investment strategy, or other matter. We openly disclose that we and our contributors may have interests in investments and/or providers of services referred to within the website and that we receive remuneration from certain of the companies referred to on this website.

© 2024 – DirectorsTalk Interviews. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.