LON:DRX - Drax Group Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: GBX 686.20
  • Forecasted Upside: 19.76 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
GBX 573
▼ -23.5 (-3.94%)

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 686.20
▲ +19.76% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Drax Group in the last 3 months. The average price target is GBX 686.20, with a high forecast of GBX 980 and a low forecast of GBX 450. The average price target represents a 19.76% upside from the last price of GBX 573.

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 5 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
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/31/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/29/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/27/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/27/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/26/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/24/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/23/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/22/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/17/2021BarclaysBoost Price TargetOverweightGBX 960 ➝ GBX 980
12/2/2021JPMorgan Chase & Co.Boost Price 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 Price TargetOverweightGBX 360 ➝ GBX 500
1/25/2021CitigroupReiterated RatingNeutralGBX 399
1/13/2021BarclaysBoost Price TargetOverweightGBX 400 ➝ GBX 550
7/31/2020Jefferies Financial GroupBoost Price TargetHoldGBX 170 ➝ GBX 280
7/31/2020Credit Suisse GroupReiterated RatingOutperform
7/6/2020BarclaysBoost Price TargetOverweightGBX 375 ➝ GBX 400
5/22/2020BarclaysReiterated RatingOverweight
5/21/2020Credit Suisse GroupUpgradeOutperformGBX 325 ➝ GBX 305
5/14/2020JPMorgan Chase & Co.Lower Price TargetOverweightGBX 400 ➝ GBX 360
4/23/2020HSBCLower Price TargetBuyGBX 375 ➝ GBX 310
4/23/2020Royal Bank of CanadaBoost Price TargetOutperformGBX 330 ➝ GBX 340
4/14/2020BarclaysLower Price TargetOverweightGBX 535 ➝ GBX 375
4/7/2020Royal Bank of CanadaLower Price TargetOutperformGBX 370 ➝ GBX 330
3/5/2020Jefferies Financial GroupLower Price TargetHoldGBX 300 ➝ GBX 290
2/20/2020HSBCBoost Price TargetBuyGBX 360 ➝ GBX 375
2/12/2020Royal Bank of CanadaLower Price TargetOutperformGBX 420 ➝ GBX 370
2/11/2020Credit Suisse GroupBoost Price 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 Price 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 Price 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 Price TargetSellGBX 320 ➝ GBX 312
2/27/2019Deutsche Bank AktiengesellschaftReiterated RatingHold
2/26/2019Royal Bank of CanadaLower Price TargetTop pickGBX 500 ➝ GBX 460
2/15/2019CitigroupDowngradeSellGBX 373 ➝ GBX 320
2/6/2019Royal Bank of CanadaReiterated RatingTop PickGBX 500
1/28/2019HSBCLower Price 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 Price 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 Price TargetOverweightGBX 350 ➝ GBX 400
9/10/2018Morgan StanleyReiterated RatingEqual WeightGBX 380
9/6/2018HSBCBoost Price TargetHoldGBX 290 ➝ GBX 420
7/26/2018AlphaValueUpgradeAdd
7/26/2018Credit Suisse GroupBoost Price TargetOutperformGBX 350 ➝ GBX 410
7/11/2018Deutsche Bank AktiengesellschaftReiterated RatingHold
7/9/2018Royal Bank of CanadaUpgradeTop pick
4/11/2018Royal Bank of CanadaLower Price 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 Price 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 Price TargetOutperformGBX 370 ➝ GBX 350
12/21/2017Credit Suisse GroupLower Price TargetOutperformGBX 370 ➝ GBX 350
12/13/2017JPMorgan Chase & Co.Reiterated RatingOverweightGBX 380
12/7/2017JPMorgan Chase & Co.Lower Price TargetOverweightGBX 390 ➝ GBX 380
12/6/2017Deutsche Bank AktiengesellschaftLower Price TargetHoldGBX 310 ➝ GBX 300
12/4/2017HSBCLower Price TargetHoldGBX 360 ➝ GBX 290
11/28/2017JPMorgan Chase & Co.Reiterated RatingOverweightGBX 390
11/17/2017CitigroupReiterated RatingNeutralGBX 310
10/27/2017Deutsche Bank AktiengesellschaftReiterated RatingHold
10/26/2017MacquarieReiterated RatingNeutralGBX 370
9/22/2017Credit Suisse GroupReiterated RatingOutperformGBX 400
8/18/2017Deutsche Bank AktiengesellschaftReiterated RatingHold
7/24/2017Royal Bank of CanadaUpgradeOutperformGBX 340 ➝ GBX 400
7/24/2017JPMorgan Chase & Co.Lower Price TargetOverweightGBX 400 ➝ GBX 390
7/24/2017Deutsche Bank AktiengesellschaftReiterated RatingHoldGBX 310
7/21/2017Credit Suisse GroupReiterated RatingOutperform
7/20/2017BNP ParibasReiterated RatingNeutralGBX 400
7/19/2017CitigroupDowngradeNeutralGBX 391 ➝ GBX 365
7/18/2017Deutsche Bank AktiengesellschaftReiterated RatingHoldGBX 310
7/18/2017JPMorgan Chase & Co.Reiterated RatingOverweightGBX 400
6/27/2017MacquarieBoost Price TargetNeutralGBX 350 ➝ GBX 370
6/23/2017InvestecReiterated RatingBuyGBX 420
6/19/2017Credit Suisse GroupReiterated RatingOutperformGBX 400
6/18/2017BarclaysReiterated RatingOverweightGBX 420
6/16/2017JPMorgan Chase & Co.Reiterated RatingOverweightGBX 410
6/13/2017CitigroupReiterated RatingBuyGBX 391
6/12/2017BarclaysBoost Price TargetOverweightGBX 410 ➝ GBX 420
6/12/2017Deutsche Bank AktiengesellschaftReiterated RatingHoldGBX 310
5/2/2017Jefferies Financial GroupUpgradeBuyGBX 305 ➝ GBX 400
4/28/2017BarclaysUpgradeOverweightGBX 400 ➝ GBX 410
3/27/2017Credit Suisse GroupLower Price TargetOutperformGBX 425 ➝ GBX 400
2/24/2017Morgan StanleyDowngradeUnderweightGBX 310 ➝ GBX 325
2/20/2017JPMorgan Chase & Co.Reiterated RatingOverweight
2/17/2017Royal Bank of CanadaBoost Price TargetUnderperformGBX 320 ➝ GBX 340
2/17/2017Deutsche Bank AktiengesellschaftReiterated RatingHoldGBX 280 ➝ GBX 310
2/14/2017JPMorgan Chase & Co.Reiterated RatingOverweightGBX 370 ➝ GBX 420
2/10/2017Deutsche Bank AktiengesellschaftReiterated RatingHoldGBX 280
1/30/2017Royal Bank of CanadaReiterated RatingUnderperformGBX 320
1/25/2017Credit Suisse GroupReiterated RatingOutperformGBX 425
1/24/2017S&P GlobalDowngradeBuyGBX 380 ➝ GBX 430
1/24/2017MacquarieBoost Price TargetNeutralGBX 313 ➝ GBX 350
1/23/2017Jefferies Financial GroupBoost Price TargetUnderperformGBX 240 ➝ GBX 305
(Data available from 1/22/2017 forward)

News Sentiment Rating

0.00 (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
  • 0 negative mentions
  • 0 very negative mentions
6/26/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/26/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/25/2021
  • 1 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
9/24/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/24/2021
  • 0 very positive mentions
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11/23/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
12/23/2021
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/22/2022

Current Sentiment

  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Very Positive

  • No very positive mentions tracked during this time.
Drax Group logo
Drax Group plc, together with its subsidiaries, engages in the generation and supply of electricity in the United Kingdom. The company operates through three segments: Generation, Customers, and, Pellet Production. It produces low carbon and renewable electricity; and provides system support services to the electricity grid. The company owns and operates Drax Power Station that produces electricity from biomass and coal with an installed capacity of 3,906 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, western Scotland; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. It also owns and operates combined cycle gas turbine power stations, including Damhead Creek power station with an installed capacity of 805 MW; Rye House power station with an installed capacity of 715 MW; Shoreham power station with an installed capacity of 420 MW; and Blackburn power station with an installed capacity of 60 MW located in England. In addition, the company owns and operates Daldowie fuel plant that processes sludge from a wastewater treatment plant and converts it into dry and low-odour fuel pellets. Further, it manufactures and sells compressed wood pellets for use in electricity production; supplies and manages electricity and gas for large industrial and commercial sector customers, as well as small businesses; and provides debt recovery services. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.
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Today's Range

Now: GBX 573
Low: 573
High: 594

50 Day Range

MA: GBX 586.05
Low: 548
High: 616

52 Week Range

Now: GBX 573
Low: 356.20
High: 630.50

Volume

834,160 shs

Average Volume

1,194,568 shs

Market Capitalization

£2.29 billion

P/E Ratio

N/A

Dividend Yield

3.05%

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, Citigroup Inc., Credit Suisse Group AG, JPMorgan Chase & Co., and Royal Bank of Canada.
View the latest analyst ratings for DRX.

What is the current price target for Drax Group?

5 Wall Street analysts have set twelve-month price targets for Drax Group in the last year. Their average twelve-month price target is GBX 686.20, suggesting a possible upside of 16.7%. Barclays PLC has the highest price target set, predicting DRX will reach GBX 980 in the next twelve months. Credit Suisse Group AG has the lowest price target set, forecasting a price of GBX 450 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 4 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.

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.