---
title: "Drax Group plc (DRX) Gets a Buy from RBC Capital"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294666051.md"
description: "RBC Capital analyst Alexander Wheeler reiterated a Buy rating on Drax Group plc (DRX) with a price target of £1,050.00. Wheeler holds a 4-star analyst status. This follows a Buy recommendation from Jefferies' Ahmed Farman on July 31, while Goldman Sachs maintained a Hold rating on the same date."
datetime: "2026-08-03T08:45:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294666051.md)
  - [en](https://longbridge.com/en/news/294666051.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294666051.md)
generator: "portal-rs"
---

# Drax Group plc (DRX) Gets a Buy from RBC Capital

In a report released today, Alexander Wheeler from RBC Capital reiterated a Buy rating on Drax Group plc, with a price target of p1,050.00.

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According to TipRanks, Wheeler is a 4-star analyst with an average return of 5.8% and a 57.58% success rate.

In addition to RBC Capital, Drax Group plc also received a Buy from Jefferies’s Ahmed Farman in a report issued on July 31. However, on July 30, Goldman Sachs maintained a Hold rating on Drax Group plc (LSE: DRX).

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**