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Drax Group plc ( (GB:DRX) ) has provided an update.
Drax Group plc announced that as of May 31, 2025, its issued share capital consists of 429,602,134 ordinary shares, with 76,075,720 held in treasury, leaving 353,526,414 shares with voting rights. This update is crucial for shareholders to determine their voting rights interests in accordance with the FCA’s Disclosure and Transparency Rules.
The most recent analyst rating on (GB:DRX) stock is a Buy with a £7.50 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 has a strong overall outlook supported by attractive valuation and robust financial performance. Technical indicators show positive momentum, while strategic initiatives enhance long-term prospects. Regulatory and project execution risks are areas to watch.
To see Spark’s full report on GB:DRX stock, click here.
More about Drax Group plc
Drax Group plc operates in the energy sector, focusing on renewable energy production and biomass power generation. The company is known for its commitment to sustainable energy solutions and plays a significant role in the transition to low-carbon energy sources.
Average Trading Volume: 1,615,776
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.34B
For a thorough assessment of DRX stock, go to TipRanks’ Stock Analysis page.