Several other equities analysts have also weighed in on DRXGF. Royal Bank of Canada boosted their target price on shares of Drax Group from GBX 925 ($11.64) to GBX 1,150 ($14.47) in a report on Tuesday, May 3rd. JPMorgan Chase & Co. boosted their price target on shares of Drax Group from GBX 700 ($8.81) to GBX 950 ($11.95) in a research note on Thursday, April 28th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $1,050.00.
OTCMKTS:DRXGF opened at $10.06 on Tuesday. The company’s 50-day moving average is $9.62 and its two-hundred day moving average is $8.56. Drax Group has a 1-year low of $5.55 and a 1-year high of $11.10.
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through three segments: Generation, Customers, and Pellet Production. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid.
- Get a free copy of the StockNews.com research report on Drax Group (DRXGF)
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