Examining the Factors Impacting Drax Group’s Share Price on the LSE

Examining the Factors Impacting Drax Group’s Share Price on the LSE

What Is Drax Share Price Target?

Forecast for Drax Group Plc’s share price in GBX The 8 analysts who have provided 12-month price targets for the company have a median target of $908.31, with a high estimate of $1,100.00 and a low estimate of $598.00. This represents a 38.89% increase from the company’s previous price of $654.00.

How Many Employees Does Drax Have?

Drax Group is a public limited company with operating income of £170,1 million in 2021 and net income of £79,2 million in 2021. It has 3,015 employees and a website at www.drax.com in 2020.

See also  How to Interpret IPICAP Share Price Charts

Who Owns The Drax Group?

In 1990, National Power, one of three power generation companies established as part of the privatization of the electricity industry in England and Wales, owns Drax Power Station.

Is Drax A Good Stock To Buy?

In the past year, six Wall Street research analysts have given Drax Group “buy,” “hold,” and “sell” ratings; there is currently one hold rating and five buy ratings for the stock. The majority of Wall Street research analysts agree that investors ought to “buy” DRX shares.

Who Are Drax Competitors?

ContourGlobal (GLO), Pennon Group (PNN), Severn Trent (SVT), United Utilities Group (UU), Eneraqua Technologies (ETP), Aggregated Micro Power (AMPH), PowerHouse Energy Group (PHE), Green & Smart (GSH), and Jersey Electricity (JEL) are Drax Group’s primary rivals.

See also  A Look at Coats' Financial Performance and Share Price History in NZ

Is Drax A British Company?

Drax Power Limited, which operates the biomass-and-coal-fueled Drax power station near Selby in North Yorkshire, as well as an international biomass supply chain company, are the primary UK-based downstream businesses of Drax Group PLC, a power generation company.

Leave a comment