A number of research firms have changed their ratings and price targets for Drax Group Plc (LON: DRX):

  • 1/27/2016 – Drax Group Plc had its “hold” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 200 ($2.88) price target on the stock.
  • 1/26/2016 – Drax Group Plc had its “equalwt/cautious” rating reaffirmed by analysts at Morgan Stanley. They now have a GBX 265 ($3.81) price target on the stock.
  • 1/26/2016 – Drax Group Plc had its “overweight” rating reaffirmed by analysts at Barclays. They now have a GBX 320 ($4.60) price target on the stock.
  • 1/21/2016 – Drax Group Plc had its “neutral” rating reaffirmed by analysts at Macquarie. They now have a GBX 200 ($2.88) price target on the stock.
  • 1/18/2016 – Drax Group Plc is now covered by analysts at Jefferies Group. They set a “hold” rating and a GBX 210 ($3.02) price target on the stock.
  • 1/13/2016 – Drax Group Plc was downgraded by analysts at Sanford C. Bernstein to a “market perform” rating. They now have a GBX 230 ($3.31) price target on the stock.
  • 1/12/2016 – Drax Group Plc had its “outperform” rating reaffirmed by analysts at BNP Paribas. They now have a GBX 340 ($4.89) price target on the stock.
  • 1/12/2016 – Drax Group Plc was upgraded by analysts at Deutsche Bank to a “hold” rating. They now have a GBX 200 ($2.88) price target on the stock, down previously from GBX 220 ($3.17).
  • 1/8/2016 – Drax Group Plc had its price target lowered by analysts at Credit Suisse from GBX 375 ($5.39) to GBX 320 ($4.60). They now have an “outperform” rating on the stock.
  • 1/8/2016 – Drax Group Plc had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 370 ($5.32) price target on the stock.
  • 1/7/2016 – Drax Group Plc had its “underperform” rating reaffirmed by analysts at RBC Capital. They now have a GBX 180 ($2.59) price target on the stock.
  • 1/6/2016 – Drax Group Plc had its “overweight” rating reaffirmed by analysts at Barclays. They now have a GBX 320 ($4.60) price target on the stock.
  • 12/24/2015 – Drax Group Plc had its “reduce” rating reaffirmed by analysts at AlphaValue. They now have a GBX 232 ($3.34) price target on the stock.
  • 12/21/2015 – Drax Group Plc had its “underperform” rating reaffirmed by analysts at RBC Capital. They now have a GBX 180 ($2.59) price target on the stock.
  • 12/14/2015 – Drax Group Plc was upgraded by analysts at Goldman Sachs from a “sell” rating to a “buy” rating.
  • 12/11/2015 – Drax Group Plc had its “underperform” rating reaffirmed by analysts at RBC Capital. They now have a GBX 180 ($2.59) price target on the stock.
  • 12/11/2015 – Drax Group Plc had its price target lowered by analysts at Morgan Stanley from GBX 345 ($4.96) to GBX 265 ($3.81). They now have an “equal weight” rating on the stock.
  • 12/10/2015 – Drax Group Plc had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 370 ($5.32) price target on the stock.
  • 12/10/2015 – Drax Group Plc had its “neutral” rating reaffirmed by analysts at Citigroup Inc..
  • 12/9/2015 – Drax Group Plc had its “sell” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 220 ($3.17) price target on the stock.
  • 12/8/2015 – Drax Group Plc had its “outperform” rating reaffirmed by analysts at Credit Suisse. They now have a GBX 375 ($5.39) price target on the stock.
  • 12/4/2015 – Drax Group Plc had its “buy” rating reaffirmed by analysts at Investec. They now have a GBX 325 ($4.68) price target on the stock.
  • 12/4/2015 – Drax Group Plc had its “hold” rating reaffirmed by analysts at Societe Generale. They now have a GBX 270 ($3.88) price target on the stock.
  • 12/3/2015 – Drax Group Plc had its “buy” rating reaffirmed by analysts at AlphaValue. They now have a GBX 332 ($4.78) price target on the stock.

Shares of Drax Group Plc (LON:DRX) traded up 0.63% on Monday, hitting GBX 254.00. 1,523,927 shares of the stock traded hands. Drax Group Plc has a 52 week low of GBX 205.10 and a 52 week high of GBX 451.30. The stock has a 50-day moving average price of GBX 228.32 and a 200 day moving average price of GBX 257.84. The firm’s market cap is GBX 1.03 billion.

In other news, insider Gardiner,Will purchased 21,168 shares of the business’s stock in a transaction on Sunday, November 15th. The stock was purchased at an average cost of GBX 234 ($3.37) per share, with a total value of £49,533.12 ($71,260.42).

Drax Group Plc is engaged in sourcing of fuel (LON:DRX), electricity production and electricity sales to the wholesale market and business customers. The Company operates in two business segments: Generation and Retail. The Generation segment spans all three core activities of the company in that it incorporates sourcing of coal, biomass and other fuels, generation and supply (through its sales to the wholesale electricity market). The Retail business segment contributes to the supply activities of the company, through sales direct to the small and medium enterprise and industrial and commercial markets. The Company’s subsidiaries include Drax Finance Limited, Drax Power Limited, Drax Fuel Supply Limited, Haven Power Limited and Drax (International) Limited, among others.

Receive News & Ratings for Drax Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Drax Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.