Drax Group PLC (OTCMKTS:DRXGY) Receives Average Recommendation of “Hold” from Brokerages

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Drax Group PLC (OTCMKTS:DRXGY) has earned a consensus rating of “Hold” from the seven ratings firms that are currently covering the stock. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company.
Drax Group PLC (OTCMKTS:DRXGY) traded up 0.000% during mid-day trading on Tuesday, reaching $6.571. Drax Group PLC has a 1-year low of $8.29 and a 1-year high of $24.21. The stock has a 50 day moving average of $8.84 and a 200-day moving average of $10.91.
DRXGY has been the subject of a number of research analyst reports. Barclays PLC reissued an “overweight” rating on shares of Drax Group PLC in a research note on Sunday, August 21st. Citigroup raised Drax Group PLC from a “sell” rating to a “neutral” rating in a research note on Wednesday, August 24th. HSBC reissued a “hold” rating on shares of Drax Group PLC in a research note on Friday, August 12th. Finally, BNP Paribas cut Drax Group PLC from an “outperform” rating to a “neutral” rating in a research note on Wednesday, July 27th.

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