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The latest update is out from Drax Group plc ( (GB:DRX) ).
Drax Group plc has executed a share buyback program, purchasing 103,613 of its ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced in July 2025, aimed at optimizing capital structure and returning value to shareholders, reflecting confidence in the company’s financial health and future prospects.
The most recent analyst rating on (GB:DRX) stock is a Buy with a £831.00 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
Drax Group plc is a prominent player in the energy sector, primarily focusing on renewable energy solutions and power generation. The company is known for its commitment to sustainability and reducing carbon emissions, positioning itself as a leader in the transition to cleaner energy sources.
Average Trading Volume: 1,154,079
Technical Sentiment Signal: Buy
Current Market Cap: £2.51B
See more data about DRX stock on TipRanks’ Stock Analysis page.