Drax Group Plc 0.7% Potential Upside Indicated by Jefferies International

Broker Ratings

Drax Group Plc with EPIC/TICKER (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 a target price of 280 GBX on its stock. This would imply the analyst believes there is now a potential upside of .7% from today’s opening price of 278 GBX. Over the last 30 and 90 trading days the company share price has increased 22.2 points and increased 79.7 points respectively. The 1 year high for the share price is 364.6 GBX while the 52 week low is 118.9 GBX.

Drax Group Plc has a 50 day moving average of 248.99 GBX and a 200 day moving average of 257.83. There are currently 396,914,186 shares in issue with the average daily volume traded being 1,377,675. Market capitalisation for LON:DRX is £1,107,791,514 GBP.

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