Drax Group PLC (DRXGY) Rating Lowered to Underperform at Jefferies Group
Drax Group PLC (OTC:DRXGY) was downgraded by equities research analysts at Jefferies Group from a “hold” rating to an “underperform” rating in a note issued to investors on Thursday.
Several other analysts have also weighed in on DRXGY. HSBC upgraded Drax Group PLC from a “reduce” rating to a “hold” rating in a report on Friday, August 12th. Citigroup Inc. upgraded Drax Group PLC from a “sell” rating to a “neutral” rating in a report on Wednesday, August 24th. Finally, BNP Paribas lowered Drax Group PLC from an “outperform” rating to a “neutral” rating in a report on Wednesday, July 27th.
Drax Group PLC (OTC:DRXGY) traded up 0.000% during mid-day trading on Thursday, reaching $6.571. Drax Group PLC has a 52-week low of $6.57 and a 52-week high of $8.50. The stock’s 50-day moving average price is $8.84 and its 200-day moving average price is $10.91.
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