Gore Street Energy Storage Fund (LON:GSF) Earns House Stock Rating from Shore Capital

Gore Street Energy Storage Fund (LON:GSF)‘s stock had its “house stock” rating reiterated by investment analysts at Shore Capital in a research note issued to investors on Friday, MarketBeat Ratings reports.

Separately, Royal Bank Of Canada reiterated an “underperform” rating and set a GBX 60 ($0.81) target price on shares of Gore Street Energy Storage Fund in a research report on Thursday, July 17th.

Gore Street Energy Storage Fund Stock Down 2.3%

Shares of GSF opened at GBX 60.50 ($0.81) on Friday. The business has a 50-day simple moving average of GBX 62.93 and a two-hundred day simple moving average of GBX 57.10. The stock has a market cap of £311.83 million, a price-to-earnings ratio of -52.29 and a beta of 0.31. Gore Street Energy Storage Fund has a 52 week low of GBX 42.40 ($0.57) and a 52 week high of GBX 69 ($0.93).

Gore Street Energy Storage Fund (LON:GSF) last issued its quarterly earnings results on Thursday, July 17th. The company reported GBX 1.85 ($0.02) EPS for the quarter. Gore Street Energy Storage Fund had a negative return on equity of 1.04% and a negative net margin of 80.72%. On average, equities analysts anticipate that Gore Street Energy Storage Fund will post 2.9007634 earnings per share for the current fiscal year.

About Gore Street Energy Storage Fund

About Us: Gore Street Energy Storage Fund plc is London’s first listed energy storage fund, launched in 2018. The Company is the only UK-listed energy storage fund with a diversified portfolio across five grid networks. The Company is one of the principal owners and operators of battery storage facilities in Great Britain and Ireland and owns and operates facilities in Western Mainland Europe and the US.