Home » Reports » Drax Group Plc 52.8% Potential Upside Indicated by Barclays Capital

Drax Group Plc 52.8% Potential Upside Indicated by Barclays Capital

Drax Group Plc using EPIC/TICKER code (LON:DRX) has 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 400 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 52.8% from the opening price of 261.8 GBX. Over the last 30 and 90 trading days the company share price has increased 29.4 points and increased 94.6 points respectively. The 52 week high for the stock is 364.6 GBX while the year low stock price is currently 118.9 GBX.

Drax Group Plc has a 50 day moving average of 225.62 GBX and a 200 Day Moving Average share price is recorded at 260.18. There are currently 396,914,186 shares in issue with the average daily volume traded being 1,707,580. Market capitalisation for LON:DRX is £1,098,658,418 GBP.

Join us on our new LinkedIn page

Follow us on LinkedIn