Drax Group plc (LON:DRX)
London · Delayed Price · Currency is GBP · Price in GBX 797.00
+5.50 (0.69%)
Jun 3, 2026, 4:35 PM GMT
Drax Group Stock Forecast
Stock Price Forecast
The 10 analysts that cover Drax Group stock have a consensus rating of "Hold" and an average price target of 965p, which forecasts a 21.08% increase in the stock price over the next year. The lowest target is 745p and the highest is 1,120p.
Price Target: 965p (+21.08%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Drax Group stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Hold | 1 | 1 | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 8 | 8 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains 900p | Hold | Maintains | 900p | +12.92% | May 14, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates 1,000p | Buy | Reiterates | 1,000p | +25.47% | May 7, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Mar 18, 2026 |
| UBS | UBS | Sell Maintains 680p → 720p | Sell | Maintains | 680p → 720p | -9.66% | Mar 10, 2026 |
| Citi | Citi | Buy Reiterates 850p → 923p | Buy | Reiterates | 850p → 923p | +15.81% | Feb 12, 2026 |
Sources: Price targets and consensus ratings provided by TipRanks. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.