Drax Group Plc 4.8% Potential Upside Indicated by Credit Suisse

Broker Ratings

Drax Group Plc using EPIC/TICKER code (LON:DRX) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Credit Suisse. Drax Group Plc are listed in the Utilities sector within UK Main Market. Credit Suisse have set a target price of 295 GBX on its stock. This now indicates the analyst believes there is a possible upside of 4.8% from the opening price of 281.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 15.8 points and decreased 95 points respectively. The 1 year high share price is 432.4 GBX while the 52 week low for the stock is 259.8 GBX.

Drax Group Plc has a 50 day moving average of 305.92 GBX and a 200 Day Moving Average share price is recorded at 368.11. There are currently 396,204,248 shares in issue with the average daily volume traded being 1,336,274. Market capitalisation for LON:DRX is £1,084,014,846 GBP.

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