Broker Recommendations

Citi downgrades Drax to 'neutral' from 'buy'

By Michele Maatouk

Date: Thursday 12 Feb 2026

(Sharecast News) - Citi downgraded Drax on Thursday to 'neutral' from 'buy' as it said the shares were already discounting much of the probability-weighted upside, but lifted the price target to 923p from 850p.
The bank noted that Drax has been a standout performer in an arguably fully-valued sector, with the...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page