Drax Group - DRXGF Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $855.50
  • Forecasted Upside: 12,043.36 %
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$7.05
+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 $855.50
▲ +12,043.36% 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 $855.50, with a high forecast of $1,050.00 and a low forecast of $598.00. The average price target represents a 12,043.36% upside from the last price of $7.05.

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 Hold

The current consensus among 5 polled investment analysts is to hold stock in Drax Group. This rating has held steady since September 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
6/8/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
9/6/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
12/5/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
3/5/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
6/3/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/1/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 1 sell ratings
10/31/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 1 sell ratings
11/30/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
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 12/1/2017 forward)

News Sentiment Rating

0.43 (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
5/5/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/4/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/4/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/3/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/2/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/2/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/1/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/1/2022

Current Sentiment

  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Very Positive

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: $7.05
Low: $7.05
High: $7.05

50 Day Range

MA: $6.67
Low: $5.51
High: $8.39

52 Week Range

Now: $7.05
Low: $5.36
High: $11.10

Volume

N/A

Average Volume

659 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

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, Citigroup Inc., Credit Suisse Group AG, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Royal Bank of Canada.
View the latest analyst ratings for DRXGF.

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 $855.50, suggesting a possible upside of 12,043.4%. Royal Bank of Canada has the highest price target set, predicting DRXGF will reach $1,050.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $598.00 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 sell rating, 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in DRXGF, but not buy more shares or sell existing shares.
View the latest ratings for DRXGF.

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, 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.