Drax Group PLC (DRXGY) Given Consensus Recommendation of “Hold” by Brokerages
Drax Group PLC (OTCMKTS:DRXGY) has been given an average rating of “Hold” by the eight ratings firms that are covering the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating on the company.
A number of brokerages have issued reports on DRXGY. BNP Paribas downgraded shares of Drax Group PLC from an “outperform” rating to a “neutral” rating in a research report on Wednesday, July 27th. Jefferies Group downgraded shares of Drax Group PLC from a “hold” rating to an “underperform” rating in a research report on Thursday, September 22nd. HSBC reaffirmed a “hold” rating on shares of Drax Group PLC in a research report on Friday, August 12th. Citigroup Inc. reissued a “sell” rating on shares of Drax Group PLC in a research report on Wednesday, August 3rd. Finally, Barclays PLC reissued an “overweight” rating on shares of Drax Group PLC in a research report on Sunday, August 21st.
Drax Group PLC (OTCMKTS:DRXGY) opened at 6.571 on Tuesday. The company has a 50-day moving average of $0.00 and a 200-day moving average of $0.00. Drax Group PLC has a 52 week low of $8.29 and a 52 week high of $24.21.
Drax Group PLC Company Profile
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