Jefferies Group lowered shares of Drax Group PLC (OTC:DRXGY) from a hold rating to an underperform rating in a research report report published on Thursday, StockTargetPrices.com reports.
Other equities analysts also recently issued reports about the stock. HSBC raised shares of Drax Group PLC from a reduce rating to a hold rating in a research note on Friday, August 12th. Citigroup Inc. raised shares of Drax Group PLC from a sell rating to a neutral rating in a research note on Wednesday, August 24th. Finally, BNP Paribas downgraded shares of Drax Group PLC from an outperform rating to a neutral rating in a research note on Wednesday, July 27th.
Drax Group PLC (OTC:DRXGY) opened at 6.571 on Thursday. The company’s 50 day moving average is $8.84 and its 200-day moving average is $10.91. Drax Group PLC has a 1-year low of $6.57 and a 1-year high of $8.50.
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