Drax Group Plc 6.3% Potential Upside Indicated by Jefferies International

Broker Ratings

Drax Group Plc using EPIC/TICKER code (LON:DRX) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Jefferies International. Drax Group Plc are listed in the Utilities sector within UK Main Market. Jefferies International have set their target price at 300 GBX on its stock. This now indicates the analyst believes there is a possible upside of 6.3% from the opening price of 282.2 GBX. Over the last 30 and 90 trading days the company share price has increased 11.6 points and decreased 7.8 points respectively. The 1 year high for the stock price is 432.4 GBX while the 52 week low is 259.8 GBX.

Drax Group Plc has a 50 day moving average of 286.34 GBX and a 200 Day Moving Average share price is recorded at 337.81. There are currently 396,338,607 shares in issue with the average daily volume traded being 962,936. Market capitalisation for LON:DRX is £1,136,699,076 GBP.

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