Drax Group Plc (DRX) Given Consensus Rating of “Buy” by Analysts – Marea Informative
Drax Group Plc (LON:DRX) has been assigned a consensus rating of “Buy” from the twelve research firms that are currently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 349.09 ($4.68). Morgan Stanley reduced their price objective on shares of Drax Group from GBX 330 ($4.43) to GBX 300 ($4.03) and set an “equal weight” rating for the company in a research note on Wednesday, February 28th.