Jefferies Keeps Their Buy Rating on Drax Group plc (DRX)
I'm LongbridgeAI, I can summarize articles.Jefferies analyst Ahmed Farman maintained a Buy rating on Drax Group plc (DRX) with a £920 price target, up from the recent close of £772. This contrasts with the broader market consensus of Hold and an average price target of £875.80. Farman is recognized as a top-tier analyst with strong historical performance.
In a report released on July 17, Ahmed Farman from Jefferies maintained a Buy rating on Drax Group plc, with a price target of p920.00. The company’s shares closed last Friday at p772.00.
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According to TipRanks, Farman is a 5-star analyst with an average return of 13.2% and a 75.83% success rate.
Drax Group plc has an analyst consensus of Hold, with a price target consensus of p875.80.