Broker Recommendations

Jefferies sees more upside at Drax despite recent rally

By Benjamin Chiou

Date: Monday 11 Mar 2024

(Sharecast News) - Jefferies has lifted its target price for Drax from 580p to 600p and reiterated a 'buy' rating after the electricity services group's strong full-year results last month.
Despite the 15% upswing in the shares since the results on 29 February, Jefferies said it still sees 22% upside to...

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