• Consensus Rating: Buy
  • Consensus Price Target: GBX 767.17
  • Forecasted Upside: 27.80 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
GBX 600.27
▼ -14.732 (-2.40%)

This chart shows the closing price for DRX by one month, three months, or twelve months.

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Analyst Price Target for DRX

Analyst Price Target is GBX 767.17
▲ +27.80% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Drax Group in the last 3 months. The average price target is GBX 767.17, with a high forecast of GBX 1,000 and a low forecast of GBX 135. The average price target represents a 27.80% upside from the last price of GBX 600.27.

This chart shows the closing price for DRX for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 6 polled investment analysts is to buy stock in Drax Group. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/5/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/3/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/2/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/2/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/31/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/29/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/28/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/27/2022

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/21/2022BarclaysBoost TargetOverweightGBX 820 ➝ GBX 1,000
11/18/2022CitigroupReiterated RatingNeutralGBX 598
11/15/2022Royal Bank of CanadaLower TargetOutperformGBX 1,175 ➝ GBX 950
10/31/2022BarclaysLower TargetOverweightGBX 1,170 ➝ GBX 820
8/12/2022CitigroupReiterated RatingSellGBX 616
7/7/2022CitigroupReiterated RatingSellGBX 591
7/7/2022JPMorgan Chase & Co.Boost TargetOverweightGBX 975 ➝ GBX 990
7/7/2022Royal Bank of CanadaBoost TargetOutperformGBX 1,150 ➝ GBX 1,175
6/28/2022JPMorgan Chase & Co.Reiterated RatingOverweight
6/7/2022Canaccord Genuity GroupInitiated CoverageBuyGBX 135
5/27/2022BarclaysReiterated RatingOverweightGBX 1,170
5/20/2022JPMorgan Chase & Co.Reiterated RatingOverweight
5/16/2022BarclaysBoost TargetOverweightGBX 980 ➝ GBX 1,170
5/11/2022Morgan StanleyReiterated RatingOverweight
4/29/2022Royal Bank of CanadaBoost TargetOutperformGBX 925 ➝ GBX 1,150
4/26/2022Morgan StanleyReiterated RatingOverweight
4/14/2022Morgan StanleyReiterated RatingOverweight
3/25/2022Morgan StanleyUpgradeOverweightGBX 420 ➝ GBX 930
3/24/2022Royal Bank of CanadaReiterated RatingOutperformGBX 925
1/25/2022Royal Bank of CanadaBoost TargetOutperformGBX 750 ➝ GBX 925
12/17/2021BarclaysBoost TargetOverweightGBX 960 ➝ GBX 980
12/2/2021JPMorgan Chase & Co.Boost TargetOverweightGBX 650 ➝ GBX 700
12/2/2021CitigroupDowngradeNeutralGBX 651
8/11/2021Royal Bank of CanadaReiterated RatingOutperformGBX 650
8/2/2021Credit Suisse GroupReiterated RatingOutperformGBX 450
6/2/2021JPMorgan Chase & Co.Boost TargetOverweightGBX 360 ➝ GBX 500
1/25/2021CitigroupReiterated RatingNeutralGBX 399
1/13/2021BarclaysBoost TargetOverweightGBX 400 ➝ GBX 550
7/31/2020Jefferies Financial GroupBoost TargetHoldGBX 170 ➝ GBX 280
7/31/2020Credit Suisse GroupReiterated RatingOutperform
7/6/2020BarclaysBoost TargetOverweightGBX 375 ➝ GBX 400
5/22/2020BarclaysReiterated RatingOverweight
5/21/2020Credit Suisse GroupUpgradeOutperformGBX 325 ➝ GBX 305
5/14/2020JPMorgan Chase & Co.Lower TargetOverweightGBX 400 ➝ GBX 360
4/23/2020HSBCLower TargetBuyGBX 375 ➝ GBX 310
4/23/2020Royal Bank of CanadaBoost TargetOutperformGBX 330 ➝ GBX 340
4/14/2020BarclaysLower TargetOverweightGBX 535 ➝ GBX 375
4/7/2020Royal Bank of CanadaLower TargetOutperformGBX 370 ➝ GBX 330
3/5/2020Jefferies Financial GroupLower TargetHoldGBX 300 ➝ GBX 290
2/20/2020HSBCBoost TargetBuyGBX 360 ➝ GBX 375
2/12/2020Royal Bank of CanadaLower TargetOutperformGBX 420 ➝ GBX 370
2/11/2020Credit Suisse GroupBoost TargetNeutralGBX 315 ➝ GBX 325
2/3/2020BarclaysUpgradeOverweightGBX 333 ➝ GBX 535
1/20/2020Credit Suisse GroupReiterated RatingNeutral
11/14/2019BarclaysReiterated RatingEqual weight
10/28/2019HSBCUpgradeBuyGBX 320 ➝ GBX 360
10/16/2019BarclaysReiterated RatingEqual weight
10/4/2019Royal Bank of CanadaReiterated RatingTop PickGBX 420
9/19/2019Jefferies Financial GroupReiterated RatingHoldGBX 400 ➝ GBX 300
7/26/2019CitigroupUpgradeNeutralGBX 312 ➝ GBX 304
7/26/2019Deutsche Bank AktiengesellschaftReiterated RatingHold
7/25/2019Royal Bank of CanadaLower TargetTop pickGBX 460 ➝ GBX 420
7/18/2019Royal Bank of CanadaReiterated RatingTop pick
7/12/2019Deutsche Bank AktiengesellschaftReiterated RatingHold
7/9/2019Credit Suisse GroupUpgradeNeutralGBX 325 ➝ GBX 295
7/5/2019Deutsche Bank AktiengesellschaftReiterated RatingHoldGBX 350
7/3/2019JPMorgan Chase & Co.Lower TargetOverweightGBX 450 ➝ GBX 400
6/19/2019BarclaysDowngradeEqual weight
6/17/2019MacquarieInitiated CoverageNeutralGBX 280
4/9/2019Jefferies Financial GroupReiterated RatingHold
3/25/2019HSBCDowngradeHoldGBX 420 ➝ GBX 380
3/22/2019Credit Suisse GroupReiterated RatingUnderperformGBX 420 ➝ GBX 325
3/14/2019CitigroupLower TargetSellGBX 320 ➝ GBX 312
2/27/2019Deutsche Bank AktiengesellschaftReiterated RatingHold
2/26/2019Royal Bank of CanadaLower TargetTop pickGBX 500 ➝ GBX 460
2/15/2019CitigroupDowngradeSellGBX 373 ➝ GBX 320
2/6/2019Royal Bank of CanadaReiterated RatingTop PickGBX 500
1/28/2019HSBCLower TargetBuyGBX 430 ➝ GBX 420
12/13/2018Morgan StanleyReiterated RatingEqual weight
12/4/2018HSBCUpgradeBuyGBX 440 ➝ GBX 430
10/30/2018Jefferies Financial GroupDowngradeHold
10/29/2018Credit Suisse GroupReiterated RatingOutperform
10/17/2018Credit Suisse GroupBoost TargetOutperformGBX 410 ➝ GBX 420
10/15/2018Royal Bank of CanadaReiterated RatingTop pickGBX 480 ➝ GBX 500
9/25/2018CitigroupReiterated RatingNeutralGBX 373
9/25/2018JPMorgan Chase & Co.Boost TargetOverweightGBX 350 ➝ GBX 400
9/10/2018Morgan StanleyReiterated RatingEqual WeightGBX 380
9/6/2018HSBCBoost TargetHoldGBX 290 ➝ GBX 420
7/26/2018AlphaValueUpgradeAdd
7/26/2018Credit Suisse GroupBoost TargetOutperformGBX 350 ➝ GBX 410
7/11/2018Deutsche Bank AktiengesellschaftReiterated RatingHold
7/9/2018Royal Bank of CanadaUpgradeTop pick
4/11/2018Royal Bank of CanadaLower TargetOutperformGBX 400 ➝ GBX 370
4/5/2018BNP ParibasUpgradeOutperform
3/23/2018Credit Suisse GroupReiterated RatingOutperformGBX 350
3/2/2018Credit Suisse GroupReiterated RatingOutperformGBX 350
3/2/2018BNP ParibasUpgradeOutperformGBX 400
2/28/2018JPMorgan Chase & Co.Reiterated RatingOverweightGBX 350
2/28/2018Morgan StanleyLower TargetEqual weightGBX 330 ➝ GBX 300
2/27/2018Royal Bank of CanadaReiterated RatingOutperformGBX 400
1/31/2018Deutsche Bank AktiengesellschaftReiterated RatingHoldGBX 300
1/18/2018JPMorgan Chase & Co.Reiterated RatingOverweightGBX 380
1/12/2018Deutsche Bank AktiengesellschaftReiterated RatingHoldGBX 300
1/2/2018Credit Suisse GroupLower TargetOutperformGBX 370 ➝ GBX 350
12/21/2017Credit Suisse GroupLower TargetOutperformGBX 370 ➝ GBX 350
12/13/2017JPMorgan Chase & Co.Reiterated RatingOverweightGBX 380
12/7/2017JPMorgan Chase & Co.Lower TargetOverweightGBX 390 ➝ GBX 380
12/6/2017Deutsche Bank AktiengesellschaftLower TargetHoldGBX 310 ➝ GBX 300
12/4/2017HSBCLower TargetHoldGBX 360 ➝ GBX 290
11/28/2017JPMorgan Chase & Co.Reiterated RatingOverweightGBX 390
(Data available from 11/28/2017 forward)

News Sentiment Rating

0.14 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
5/2/2022
  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
6/1/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/1/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/31/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/30/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/29/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/29/2022
  • 1 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
11/28/2022

Current Sentiment

  • 1 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Drax Group logo
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through three segments: Generation, Customers, and Pellet Production. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment offers non-generation system support and energy management services. The Pellet Production segment provides low carbon fuel. The company owns and operates Drax Power Station with an installed capacity of 2,000 megawatts (MW) located in Selby, North Yorkshire; Cruachan Power Station, a pumped hydro storage station, with an installed capacity of 440 MW located in Argyll and Bute, and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. In addition, the company owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. Further, it manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.
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Today's Range

Now: GBX 600.27
Low: 593.50
High: 617.50

50 Day Range

MA: GBX 568.74
Low: 473.40
High: 715.82

52 Week Range

Now: GBX 600.27
Low: 467.20
High: 845.89

Volume

756,819 shs

Average Volume

1,599,956 shs

Market Capitalization

£2.41 billion

P/E Ratio

1,177.00

Dividend Yield

3.20%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Drax Group?

The following Wall Street research analysts have issued stock ratings on Drax Group in the last twelve months: Barclays PLC, Canaccord Genuity Group Inc., Citigroup Inc., JPMorgan Chase & Co., Morgan Stanley, and Royal Bank of Canada.
View the latest analyst ratings for DRX.

What is the current price target for Drax Group?

6 Wall Street analysts have set twelve-month price targets for Drax Group in the last year. Their average twelve-month price target is GBX 767.17, suggesting a possible upside of 24.8%. Barclays PLC has the highest price target set, predicting DRX will reach GBX 1,000 in the next twelve months. Canaccord Genuity Group Inc. has the lowest price target set, forecasting a price of GBX 135 for Drax Group in the next year.
View the latest price targets for DRX.

What is the current consensus analyst rating for Drax Group?

Drax Group currently has 1 hold rating and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe DRX will outperform the market and that investors should add to their positions of Drax Group.
View the latest ratings for DRX.

What other companies compete with Drax Group?

How do I contact Drax Group's investor relations team?

Drax Group's physical mailing address is Drax Power Station, SELBY, YO8 8PH, United Kingdom. The company's listed phone number is +44-1757-618381. The official website for Drax Group is www.drax.com. Learn More about contacing Drax Group investor relations.