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Drax Group PLC (GB:DRX)
LSE:DRX
Holding GB:DRX?
Track your performance easily
See the Price Targets and Ratings of:
DRX Analyst Ratings
Hold
1 Buy
0 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
DRX Stock 12 Month Forecast
Average Price Target
772.50p
▲(18.75% Upside)
| Highest Price Target1,100p | Average Price Target772.50p | Lowest Price Target445.00p |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Citi
Reiterated
11/12/24
RBC Capital
Reiterated
11/12/24
Morgan Stanley
670p
Hold
3.00%
Upside
Downgraded
07/29/24
Maintaining Hold on Drax Group plc Amid Uncertainty Over Power Station Extension and BECCS Impact
Jefferies
600p→750p
Buy
15.30%
Upside
Reiterated
07/28/24
Drax Group Plc. (DRX:LN) (DRXGY) PT Raised to GBP7.50 at JefferiesJefferies analyst Ahmed Farman raised the price target on Drax Group Plc. (DRX:LN) (OTC: DRXGY) to GBP7.50 (from GBP6.00) while maintaining a Buy rating.
J.P. Morgan
―
Buy
―
Reiterated
07/05/24
J.P. Morgan Sticks to Their Buy Rating for Drax Group plc (DRX)
Barclays
1,190p
Buy
82.94%
Upside
Reiterated
07/03/24
Barclays Sticks to Their Buy Rating for Drax Group plc (DRX)
HSBC
470p→500p
Hold
-23.14%
Downside
Reiterated
04/08/24
Drax Group Plc. (DRX:LN) (DRXGY) PT Raised to GBP5 at HSBCHSBC analyst Charles Swabey raised the price target on Drax Group Plc. (DRX:LN) (OTC: DRXGY) to GBP5.00 (from GBP4.70) while maintaining a Hold rating.
Best Analysts Covering Drax Group plc
Which Analyst Should I Follow If I Want to Buy GB:DRX and Sell After:
1 Month
xxx
Success Rate
10/13 ratings generated profit
Average Return
+2.57%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 76.92% of your transactions generating a profit, with an average return of +2.57% per trade.
3 Months
xxx
Success Rate
7/13 ratings generated profit
Average Return
+0.92%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 53.85% of your transactions generating a profit, with an average return of +0.92% per trade.
1 Year
Success Rate
10/13 ratings generated profit
Average Return
+8.39%
reiterated a buy rating 4 months ago
Copying Ahmed Farman's trades and holding each position for 1 Year would result in 76.92% of your transactions generating a profit, with an average return of +8.39% per trade.
2 Years
xxx
Success Rate
12/13 ratings generated profit
Average Return
+16.45%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 92.31% of your transactions generating a profit, with an average return of +16.45% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
DRX Analyst Recommendation Trends
Rating
Feb 24
Mar 24
Apr 24
Jul 24
Nov 24
Strong Buy
3
3
4
2
2
Buy
6
5
4
3
2
Hold
0
0
1
2
2
Sell
2
2
0
0
0
Strong Sell
0
0
1
1
2
total
11
10
10
8
8
Each month's total comprises the sum of three months' worth of ratings.
DRX Financial Forecast
DRX Stock Forecast FAQ
What is GB:DRX’s average 12-month price target, according to analysts?
Based on analyst ratings, Drax Group PLC’s 12-month average price target is 772.50p.
What is GB:DRX’s upside potential, based on the analysts’ average price target?
Drax Group PLC has 18.75% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Drax Group PLC a Buy, Sell or Hold?
Drax Group PLC has a consensus rating of Hold, which is based on 1 buy ratings, 0 hold ratings and 1 sell ratings.
What is Drax Group PLC’s share price target?
The average share price target for Drax Group PLC is 772.50p. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is 1,100.00p ,and the lowest forecast is 445.00p. The average share price target represents 18.75% Increase from the current price of 650.5p.
The highest analyst share price target is 1,100.00p ,and the lowest forecast is 445.00p. The average share price target represents 18.75% Increase from the current price of 650.5p.
What do analysts say about Drax Group PLC?
Drax Group PLC’s analyst rating consensus is a Hold. This is based on the ratings of 2 Wall Streets Analysts.
How can I buy shares of Drax Group PLC?
To buy shares of GB:DRX, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.