Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Drax Group plc ( (GB:DRX) ) has issued an update.
Drax Group plc has executed a share buyback transaction, purchasing 103,590 ordinary shares on the London Stock Exchange as part of its ongoing buyback program initiated in July 2025. This move reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value, with implications for the company’s stock liquidity and market perception.
The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 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 overall stock score reflects strong financial performance, particularly in cash generation and profitability, supported by positive technical indicators and a favorable valuation. The recent earnings call provided a positive outlook with strategic growth initiatives, though some challenges in specific market segments persist.
To see Spark’s full report on GB:DRX stock, click here.
More about Drax Group plc
Average Trading Volume: 1,098,911
Technical Sentiment Signal: Buy
Current Market Cap: £2.48B
Find detailed analytics on DRX stock on TipRanks’ Stock Analysis page.