Royal Bank Of Canada upgraded shares of Drax Group PLC (OTCMKTS:DRXGY) from an underperform rating to an outperform rating in a research note issued to investors on Monday, July 24th, The Fly reports.
Several other equities analysts also recently weighed in on the stock. Citigroup Inc. reiterated a neutral rating on shares of Drax Group PLC in a research note on Wednesday, July 19th. Jefferies Group LLC raised shares of Drax Group PLC from an underperform rating to a buy rating in a research note on Tuesday, May 2nd. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy.
Drax Group PLC (OTCMKTS:DRXGY) opened at 6.571 on Monday. Drax Group PLC has a 12 month low of $8.29 and a 12 month high of $24.21. The firm’s 50 day moving average is $8.84 and its 200-day moving average is $10.91.
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