DRX – Drax Group PLC


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Recommendation Rating







1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 10.98

Low: 7.83

High: 14.34

Total Analysts: 10

Company Profile

Drax Group PLC is a United Kingdom-based renewable energy company. The Company is engaged in renewable power generation, the production of sustainable biomass, and the sale of renewable electricity to businesses. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment is engaged in the production and subsequent sale of biomass pellets at the Group’s processing facilities in North America. The Generation segment includes its power generation activities in the United Kingdom (UK). The Customers segment is engaged in the supply of electricity and gas to non-domestic customers in the United Kingdom. Its subsidiaries include Abergelli Power Limited, Abbott Debt Recovery Limited, Alabama Pellets LLC, Amite BioEnergy LLC, Arkansas Bioenergy LLC, Baton Rouge Transit LLC, DBI O&M Company LLC, Demopolis Pellets LLC, Drax Biomass Acquisitions LLC, Drax Biomass Inc., Drax Biomass Holdings Limited and Drax Biomass Holdings LLC.

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