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An update from Drax Group plc ( (GB:DRX) ) is now available.
Drax Group plc has reported that, as of 31 January 2026, its issued share capital comprised 432,245,032 ordinary shares, each carrying one vote, of which 93,020,789 are held in treasury and therefore do not have voting rights. This leaves a total of 339,224,243 voting rights in the company, a key figure for shareholders and market participants when calculating notifiable shareholdings and monitoring changes in voting interests under UK financial disclosure rules.
The most recent analyst rating on (GB:DRX) stock is a Buy with a £1009.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.
Spark’s Take on GB:DRX Stock
According to Spark, TipRanks’ AI Analyst, GB:DRX is a Outperform.
Drax Group plc’s strong financial performance, particularly in cash generation and profitability, along with positive technical indicators and a favorable valuation, contribute significantly to its overall score. The company’s strategic initiatives, including share buybacks and government agreements, further bolster its market position. However, challenges in revenue growth and market dynamics in the pellet sector pose risks that need careful management.
To see Spark’s full report on GB:DRX stock, click here.
More about Drax Group plc
Drax Group plc is a UK-listed energy company (LSE: DRX) best known for owning and operating large-scale power generation assets, including biomass and renewable power facilities, with a focus on supplying electricity and related energy services to the UK market.
Average Trading Volume: 1,290,358
Technical Sentiment Signal: Buy
Current Market Cap: £3.06B
Find detailed analytics on DRX stock on TipRanks’ Stock Analysis page.