Home » Reports » Broker Ratings » Drax Group Plc 0.1% Potential Decrease Indicated by Morgan Stanley
broker ratings

Drax Group Plc 0.1% Potential Decrease Indicated by Morgan Stanley

Drax Group Plc using EPIC/TICKER code (LON:DRX) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Morgan Stanley. Drax Group Plc are listed in the Utilities sector within UK Main Market. Morgan Stanley have set a target price of 380 GBX on its stock. This indicates the analyst believes there is a potential downside of -.1% from today’s opening price of 380.4 GBX. Over the last 30 and 90 trading days the company share price has increased 13.4 points and increased 48 points respectively. The 1 year high for the stock price is 389.8 GBX while the 52 week low for the stock is 218 GBX.

Drax Group Plc has a 50 day moving average of 367.22 GBX and a 200 day moving average of 310.36. There are currently 399,632,284 shares in issue with the average daily volume traded being 2,238,022. Market capitalisation for LON:DRX is £1,493,356,287 GBP.