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Drax Group Plc Company Profile (LON:DRX)

Consensus Ratings for Drax Group Plc (LON:DRX) (?)
Ratings Breakdown: 4 Sell Rating(s), 7 Hold Rating(s), 5 Buy Rating(s)
Consensus Rating:Hold (Score: 2.06)
Consensus Price Target: GBX 262.94

Analysts' Ratings History for Drax Group Plc (LON:DRX)
Show:
DateFirmActionRatingPrice TargetActions
6/13/2016MacquarieBoost Price TargetNeutralGBX 200 -> GBX 313View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/1/2016BarclaysReiterated RatingOverweightGBX 320View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/26/2016Deutsche BankDowngradeSellGBX 200 -> GBX 250View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/11/2016RBC CapitalReiterated RatingUnderperformGBX 180View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/5/2016Credit SuisseBoost Price TargetOutperformGBX 290 -> GBX 325View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/4/2016BNP ParibasReiterated RatingOutperformGBX 340View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/21/2016Citigroup Inc.Reiterated RatingNeutralGBX 271View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/11/2016Sanford C. BernsteinReiterated RatingMarket PerformGBX 250View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/9/2016JPMorgan Chase & Co.Lower Price TargetNeutralGBX 370 -> GBX 260View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/7/2016HSBCBoost Price TargetReduceGBX 190 -> GBX 230View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/3/2016InvestecLower Price TargetBuyGBX 325 -> GBX 300View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/23/2016Morgan StanleyReiterated RatingEqualwt/CautiousGBX 265View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/10/2016AlphaValueUpgradeReduceGBX 223View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/3/2016Societe GeneraleReiterated RatingHoldGBX 270View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/18/2016Jefferies GroupInitiated CoverageHoldGBX 210View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/14/2015Goldman SachsUpgradeSell -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/15/2015Charles StanleyReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/1/2014 forward)
Earnings History for Drax Group Plc (LON:DRX)
No earnings announcements for this company have been tracked by MarketBeat.com

Earnings Estimates for Drax Group Plc (LON:DRX)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividend History for Drax Group Plc (LON:DRX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
2/23/2016GBX 0.600.25%4/21/20164/21/20165/13/2016Tweet This Announcement  Share This Announcement on StockTwits
7/28/2015GBX 5.101.84%9/24/20159/24/201510/9/2015Tweet This Announcement  Share This Announcement on StockTwits
2/24/2015GBX 7.201.84%4/23/20154/23/20155/15/2015Tweet This Announcement  Share This Announcement on StockTwits
7/29/2014GBX 4.700.67%9/24/20149/24/201410/10/2014Tweet This Announcement  Share This Announcement on StockTwits
2/18/2014GBX 8.901.11%4/23/20144/23/20145/16/2014Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)
Insider Trading History for Drax Group Plc (LON:DRX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
3/7/2016Thompson,DorothyInsiderSell31,995GBX 270£86,386.50Tweet This Trade  Share This Trade on StockTwits
11/15/2015Gardiner,WillInsiderBuy21,168GBX 234£49,533.12Tweet This Trade  Share This Trade on StockTwits
6/23/2015Cox,PhilipInsiderBuy60,000GBX 3.64£2,184Tweet This Trade  Share This Trade on StockTwits
3/9/2015Dorothy ThompsonInsiderSell57,624GBX 394£227,038.56Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)
Latest Headlines for Drax Group Plc (LON:DRX)
DateHeadline
06/27/16 03:40 PMDrax Group (LON:DRX) Broker Roundup - Fiscal Standard
06/27/16 04:22 AMDrax Group Plc breached its 50 day moving average in a Bearish Manner : DRX-GB : June 27, 2016 -
06/21/16 03:31 PMDrax Group (LON:DRX) Broker Price Targets - Fiscal Standard
06/14/16 08:33 AMMacquarie Gives Drax Group PLC Price Target With Potential 5.53% Upside - FTSE News
06/13/16 03:50 AMDrax Group Plc breached its 50 day moving average in a Bearish Manner : DRX-GB : June 13, 2016 -
06/08/16 09:20 AMOfgem weighing up National Grid's cost recovery plea - Reuters UK
06/03/16 03:54 PMWere Analysts Bullish Drax Group Plc (LON:DRX) This Week? - HNN
06/03/16 01:32 PMDrax Group Plc – Value Analysis (LONDON:DRX) : June 3, 2016 -
06/02/16 08:41 AMBarclays Reaffirms Overweight Rating for Drax Group Plc (DRX) - Let Me Know About This - Share Trading NewsBarclays Reaffirms Overweight Rating for Drax Group Plc (DRX)Let Me Know About ThisDrax Group Plc logo Drax Group Plc (LON:DRX)'s stock had its “overweight” rating reissued by equities researchers at Barclays in a note issued to investors on Wednesday, StockTargetPrices.com reports. They currently have a GBX 320 ($4.68) target price ...What's Propelling Drax Group Plc to Decline So Much?HNNall 576 news articles »
06/02/16 03:39 AMDrax Group Plc breached its 50 day moving average in a Bearish Manner : DRX-GB : June 2, 2016 -
05/26/16 08:15 AMDrax Group (LON:DRX) Broker Roundup - Share Trading News - Drax Group (LON:DRX) Broker RoundupShare Trading NewsDrax Group Plc is engaged in the electricity generation; electricity supply to business customers, and manufacturing of sustainable compressed wood pellets for use in electricity production. The Company operates through three segments: Generation ...and more »
05/20/16 03:20 PMDrax Group Plc : Undervalued relative to peers, but don’t ignore the other factors -
05/19/16 02:47 PMETF’s with exposure to Drax Group Plc : May 19, 2016 -
05/18/16 03:43 AMDrax Group Plc breached its 50 day moving average in a Bullish Manner : DRX-GB : May 18, 2016 -
05/12/16 12:01 PMFriday preview: Coca-Cola HBC reports first quarter interims -
03/15/16 01:47 PMDrax Group PLC (LON:DRX) Stock Rating Reconfirmed at Credit Suisse; The GBX 290.00 Target Indicates Infinity ... - OctaFinance.com - Drax Group PLC (LON:DRX) Stock Rating Reconfirmed at Credit Suisse; The GBX 290.00 Target Indicates Infinity ...OctaFinance.comDrax Group PLC (LON:DRX) had its stock rating noted as Outperform by analysts at Credit Suisse. Credit Suisse currently has a GBX 290.00 PT on the 1.11B GBP market cap company or Infinity upside potential. This was disclosed to clients in a research ...
03/14/16 10:51 AMCredit Suisse Reaffirms Outperform Rating for Drax Group Plc (DRX) - MicroCap Magazine - Risers & FallersCredit Suisse Reaffirms Outperform Rating for Drax Group Plc (DRX)MicroCap MagazineDrax Group Plc logo Drax Group Plc (LON:DRX)'s stock had its “outperform” rating reaffirmed by Credit Suisse in a research note issued to investors on Monday, AnalystRatings.NET reports. They currently have a GBX 290 ($4.10) price objective on the stock.Drax Group Plc (DRX) Receives "Market Perform" Rating from Sanford C. BernsteinThe Vista VoiceDrax Group PLC (LON:DRX) Stock "Outperform" Rating Reconfirmed at Credit Suisse; The Price Objective Given is ...Business Standard TribuneDrax Group Plc 7.8% Potential Upside Indicated by Credit SuisseDirectorsTalk InterviewsRisers & Fallersall 941 news articles »
03/04/16 03:09 PMDrax Group Plc : Neutral outlook but great fundamentals -
02/25/16 03:31 AMDrax Group Plc breached its 50 day moving average in a Bearish Manner : DRX-GB : February 25, 2016 -
02/23/16 09:31 AMFTSE 250 movers: Meggitt keeps index flying in the black -
02/23/16 09:17 AMEdited Transcript of DRX.L earnings conference call or presentation 23-Feb-16 9:00am GMT -
02/23/16 06:07 AMFull Year 2015 Drax Group PLC Earnings Release - Before Market Open -
02/23/16 02:19 AMDrax's Earnings Plunge on Regulatory Issues, Commodity Prices -
02/20/16 01:50 PMDrax Group (LON:DRX) Investors: Credit Suisse Maintains "Outperform" Rating, Sees GBX 290.00/Share - RiversideGazette.com - Risers & FallersDrax Group (LON:DRX) Investors: Credit Suisse Maintains "Outperform" Rating, Sees GBX 290.00/ShareRiversideGazette.comIn an analyst report revealed to investors on 19 February, Drax Group (LON:DRX) stock had its “Outperform” Rating reconfirmed by stock analysts at Credit Suisse. Out of 14 analysts covering Drax Group PLC (LON:DRX), 0 rate it “Buy”, 0 “Sell”, while 0 ...Shares Of Drax Group (LON:DRX) Rated As Outperform By Analysts At Credit SuisseRisers & Fallersall 3 news articles »
02/16/16 06:16 AMBiomass Subsidies Could Save U.K. $3.2 Billion: Drax -
02/10/16 09:35 AMUK court rejects Drax, Infinis case against govt on green tax change -
02/10/16 03:32 AMDrax Group Plc breached its 50 day moving average in a Bearish Manner : February 10, 2016 -
02/03/16 06:11 PMLondon midday: Stocks rise as BoE votes unanimously to keep rates unchanged -
02/01/16 11:29 AMDrax Group Plc (DRX) - In conformity with the Disclosure and Transparency Rules provision 5.6.1R, Drax Group plc (the "Company") advises of the following: That, as at 31 January 2016, the Company's issued share capital consisted of 406,347,243 ordinary shares of 11 16 / 29 pence ...
01/28/16 11:27 AMLondon close: Stocks end lower on lacklustre UK GDP - Yahoo Finance UK - London close: Stocks end lower on lacklustre UK GDPYahoo Finance UKL - news) (ARM) 953.50p -4.22% Shire Plc (Xetra: S7E.DE - news) (SHP) 3,887.00p ... L - news) ) 1,173.00p -3.46% FTSE 250 - Risers Vedanta Resources (Other OTC: VDNRF - news) (VED) 236.40p 10.78% Drax Group (LSE: DRX.L - news) (DRX) 252.00p ...
01/26/16 11:45 AMEC to look further into CfD for Drax biomass plant in UK - SeeNews Renewables - SeeNews RenewablesEC to look further into CfD for Drax biomass plant in UKSeeNews RenewablesJanuary 26 (SeeNews) - The European Commission (EC) has opened a formal investigation procedure related to the planned UK subsidy contract for a 645-MW biomass-fired power unit of Drax Group Plc (LON:DRX). Drax is working to convert to biomass ...and more »
01/25/16 06:01 PMBritain's coal plant closure plan could risk power supplies -report - [Reuters - UK Focus] - Britain's plan to close coal-fired power plants by 2025 has come under scrutiny from engineers who warned on Tuesday it could contribute to electricity supply shortages. Under a business as usual scenario, the country's electricity supplies "can only be secured by granting an extension to existing coal-fired power stations," a report by the Institution of Mechanical Engineers said. In a bid to meet its carbon emission targets, the government announced plans in November to close polluting coal-fired power plants and replace them with gas plants by 2025.
01/25/16 10:48 AMDrax Group Plc – Value Analysis (LONDON:DRX) : January 25, 2016 -
01/25/16 03:34 AMDrax Group Plc breached its 50 day moving average in a Bullish Manner : January 25, 2016 -
01/05/16 06:41 AMEU opens in-depth study of Drax power plant conversion - [Reuters - UK Focus] - The European Commission has opened an in-depth investigation to assess whether Britain's plans to support the conversion of a unit of the Drax power plant from coal to biomass were in line with EU state aid rules. The Commission said in a statement on Tuesday that it supported member states' efforts to increase the use of renewable energy, but EU state aid rules meant the cost of such support for consumers should be limited and it should not give certain operators an unfair advantage over competitors. It (Other OTC: ITGL - news) added that the opening of an in-depth investigation gave Britain and interested third parties an opportunity to submit comments and did not prejudge the outcome.
01/05/16 04:47 AMDrax's Coal-to-Biomass U.K. Conversion Aid Faces EU Probe -
01/05/16 03:38 AMDrax Group Plc breached its 50 day moving average in a Bearish Manner : January 5, 2016 -
12/24/15 03:32 AMDrax Group Plc breached its 50 day moving average in a Bullish Manner : December 24, 2015 -
12/01/15 07:12 AMEU approves UK state aid for RWE biomass-fired power plant - [Reuters - UK Focus] - BRUSSELS/LONDON, Dec 1 (Reuters) - The European Commission has approved British plans to subsidise the conversion of RWE (Xetra: 703712 - news) 's Lynemouth coal-fired power plant in northern England to burning biomass, sending the German utility company's shares higher. The European Commission said on Tuesday a nine-month investigation showed that the project accords with European environmental and energy goals, giving the green light to an agreement struck under Britain's contracts-for-difference (CfD) electricity pricing mechanism to support the project until 2027. RWE, which bought the coal-fired power plant in 2012, said it would now take 18 months to adapt the station to run 100 percent on biomass with a generation capacity of 420 megawatts.
11/25/15 12:25 PMUK scraps 1 billion pound carbon capture technology scheme -
11/20/15 01:02 PMDrax Group Plc – Value Analysis (LONDON:DRX) : November 20, 2015 -
11/18/15 08:13 AMUK aims to close coal-fired power plants by 2025 - [Reuters - UK Focus] - Britain aims to close its coal-fired power plants by 2025 under plans announced on Wednesday, becoming the first major economy to put a date on shutting coal plants to curb carbon emissions. Instead, the country will look to nuclear and natural gas-fired power plants to complement intermittent renewable energy, Secretary of State for Energy and Climate Change Amber Rudd said. "It (Other OTC: ITGL - news) cannot be satisfactory for an advanced economy like the UK to be relying on polluting, carbon-intensive 50-year-old coal-fired power stations," she said at the Institution of Civil Engineers.
11/10/15 07:05 AMBroker tips: Rolls Royce, Drax Group, Morrison, Tesco -
11/10/15 07:00 AMDeutsche Bank downgrades Drax to sell on 'power price crunch' -
About Drax Group Plc

Drax Group Plc logoDrax Group Plc is engaged in sourcing of fuel (including sustainable biomass), electricity production and electricity sales to the wholesale market and business customers. The Company operates in two business segments: Generation and Retail. The Generation segment spans all three core activities of the company in that it incorporates sourcing of coal, biomass and other fuels, generation and supply (through its sales to the wholesale electricity market). The Retail business segment contributes to the supply activities of the company, through sales direct to the small and medium enterprise and industrial and commercial markets. The Company's subsidiaries include Drax Finance Limited, Drax Power Limited, Drax Fuel Supply Limited, Haven Power Limited and Drax (International) Limited, among others.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: LON
  • Symbol: DRX
  • CUSIP:
Key Metrics:
  • Previous Close: $4.27
  • 50 Day Moving Average: $307.22
  • 200 Day Moving Average: $271.46
  • P/E Ratio: 23.29
  • P/E Growth: -21.87
  • Market Cap: $1.31B
  • Current Quarter EPS Consensus Estimate: $4.50 EPS
Additional Links:

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