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Drax Group - DRXGF Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $0.00
  • Forecasted Upside: -100.00%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$5.80 As of 04/25/2024 01:00 AM ET
+0 (0.00%)

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

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Analyst Price Target for DRXGF

Analyst Price Target is $0.00
▼ -100.00% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Drax Group in the last 3 months. The average price target is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. The average price target represents a -100.00% upside from the last price of $5.80.

This chart shows the closing price for DRXGF 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 1 contributing 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
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/3/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/1/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/2/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/31/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/27/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/27/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/26/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/28/2023JPMorgan Chase & Co.Lower TargetGBX 830 ➝ GBX 740
9/20/2023JPMorgan Chase & Co.Lower TargetGBX 875 ➝ GBX 830
7/6/2023BarclaysBoost TargetGBX 1,150 ➝ GBX 1,200
6/30/2023Credit Suisse GroupUpgradeNeutral ➝ Outperform
4/3/2023JPMorgan Chase & Co.Lower TargetGBX 900 ➝ GBX 875
2/16/2023Credit Suisse GroupBoost TargetGBX 625 ➝ GBX 700
2/14/2023JPMorgan Chase & Co.Boost TargetGBX 850 ➝ GBX 900
12/23/2022BarclaysBoost TargetGBX 1,000 ➝ GBX 1,100
12/8/2022JPMorgan Chase & Co.Lower TargetGBX 1,010 ➝ GBX 825
12/8/2022Liberum CapitalInitiated CoverageBuy
11/23/2022Morgan StanleyLower TargetGBX 1,020 ➝ GBX 850
11/22/2022Royal Bank of CanadaBoost TargetGBX 950 ➝ GBX 1,050
11/21/2022BarclaysBoost TargetGBX 820 ➝ GBX 1,000
11/18/2022CitigroupBoost TargetGBX 537 ➝ GBX 598
11/15/2022Royal Bank of CanadaLower TargetGBX 1,175 ➝ GBX 950
11/10/2022Credit Suisse GroupUpgradeUnderperform ➝ Neutral
10/31/2022Jefferies Financial GroupUpgradeHold ➝ Buy
7/27/2022CitigroupBoost TargetGBX 591 ➝ GBX 616
7/27/2022JPMorgan Chase & Co.Boost TargetGBX 990 ➝ GBX 1,010
7/27/2022Morgan StanleyBoost TargetGBX 1,010 ➝ GBX 1,020
7/18/2022Credit Suisse GroupBoost TargetGBX 610 ➝ GBX 625
7/7/2022Morgan StanleyBoost TargetGBX 1,000 ➝ GBX 1,010
7/7/2022Royal Bank of CanadaBoost TargetGBX 1,150 ➝ GBX 1,175
7/6/2022Credit Suisse GroupLower TargetGBX 650 ➝ GBX 610
7/5/2022JPMorgan Chase & Co.Boost TargetGBX 950 ➝ GBX 975
5/24/2022CitigroupDowngradeNeutral ➝ Sell
5/3/2022Royal Bank of CanadaBoost TargetGBX 925 ➝ GBX 1,150
4/28/2022JPMorgan Chase & Co.Boost TargetGBX 700 ➝ GBX 950
1/25/2022Royal Bank of CanadaBoost TargetOutperform ➝ OutperformGBX 750 ➝ GBX 925
12/2/2021JPMorgan Chase & Co.Reiterated RatingOverweight
12/2/2021CitigroupDowngradeBuy ➝ Neutral
11/30/2021Credit Suisse GroupDowngradeOutperform ➝ Neutral
10/29/2021JPMorgan Chase & Co.Reiterated RatingOverweight
10/18/2021Jefferies Financial GroupUpgradeHold ➝ Buy
10/4/2021Royal Bank of CanadaReiterated RatingOutperform
9/16/2021BarclaysReiterated RatingOverweight
5/17/2021CitigroupUpgradeNeutral ➝ Buy
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.07 (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
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/29/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/28/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/26/2024
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 0 very positive mentions
  • 3 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.

Positive

Very Positive

  • No very positive mentions tracked during this time.
Drax Group logo
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment supplies electricity and gas to non-domestic customers. The company owns and operates Drax Power Station located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 megawatts (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. It also owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. In addition, the company 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: $5.80
Low: $5.80
High: $5.80

50 Day Range

MA: $5.98
Low: $5.23
High: $6.37

52 Week Range

Now: $5.80
Low: $4.88
High: $8.22

Volume

250 shs

Average Volume

723 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

4.10%

Beta

N/A

Frequently Asked Questions

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

The following Wall Street sell-side analysts have issued stock ratings on Drax Group in the last twelve months: Barclays PLC, Credit Suisse Group AG, and JPMorgan Chase & Co..
View the latest analyst ratings for DRXGF.

What is the current price target for Drax Group?

0 Wall Street analysts have set twelve-month price targets for Drax Group in the last year. has the lowest price target set, forecasting a price of $10,000,000.00 for Drax Group in the next year.
View the latest price targets for DRXGF.

What is the current consensus analyst rating for Drax Group?

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

What other companies compete with Drax Group?

Other companies that are similar to Drax Group include Advent Technologies, AES Tietê Energia, Aker Offshore Wind AS, Altius Renewable Royalties and Boralex. Learn More about companies similar to Drax Group.

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

Drax Group's physical mailing address is Drax Power Station, Selby, North Yorkshire. The company's listed phone number is 441757618381. The official website for Drax Group is www.drax.com. Learn More about contacing Drax Group investor relations.