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Drax Group Plc 85.3% Potential Upside Indicated by Barclays Capital

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Drax Group Plc using EPIC/TICKER code (LON:DRX) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. Drax Group Plc are listed in the Utilities sector within UK Main Market. Barclays Capital have set a target price of 375 GBX on its stock. This now indicates the analyst believes there is a possible upside of 85.3% from today’s opening price of 202.4 GBX. Over the last 30 and 90 trading days the company share price has increased 16.4 points and decreased 89.4 points respectively. The 52 week high share price is 372.6 GBX while the 52 week low is 118.9 GBX.

Drax Group Plc has a 50 day moving average of 233.46 GBX and a 200 day moving average of 278.98. There are currently 5,821,618,494 shares in issue with the average daily volume traded being 2,435,217. Market capitalisation for LON:DRX is £780,785,352 GBP.

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