Drax Group Plc 24.9% Potential Upside Indicated by RBC Capital Markets

Broker Ratings
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Drax Group Plc with EPIC/TICKER (LON:DRX) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘TOP PICK’ this morning by analysts at RBC Capital Markets. Drax Group Plc are listed in the Utilities sector within UK Main Market. RBC Capital Markets have set their target price at 460 GBX on its stock. This indicates the analyst now believes there is a potential upside of 24.9% from today’s opening price of 368.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 28.8 points and decreased 19 points respectively. The 1 year high for the stock price is 432.4 GBX while the year low share price is currently 235.6 GBX.

Drax Group Plc has a 50 day moving average of 390.23 GBX and a 200 Day Moving Average share price is recorded at 377.32. There are currently 393,351,873 shares in issue with the average daily volume traded being 1,580,338. Market capitalisation for LON:DRX is £1,460,122,200 GBP.

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