Gore Street Energy Storage Fund’s (GSF) House Stock Rating Reiterated at Shore Capital Group

Shore Capital Group reiterated their house stock rating on shares of Gore Street Energy Storage Fund (LON:GSF) in a report published on Wednesday morning,Digital Look reports.

Separately, Jefferies Financial Group restated a “hold” rating on shares of Gore Street Energy Storage Fund in a research report on Thursday, July 2nd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Gore Street Energy Storage Fund Trading Down 0.2%

Shares of Gore Street Energy Storage Fund stock opened at GBX 45.65 on Wednesday. The stock has a market capitalization of £230.58 million, a price-to-earnings ratio of -7.19 and a beta of 0.38. Gore Street Energy Storage Fund has a 1-year low of GBX 43.20 and a 1-year high of GBX 64.60. The firm’s 50-day moving average price is GBX 51.07 and its two-hundred day moving average price is GBX 52.67.

Gore Street Energy Storage Fund (LON:GSF) last posted its earnings results on Thursday, July 16th. The company reported GBX (23.72) earnings per share (EPS) for the quarter. Gore Street Energy Storage Fund had a net margin of 131.36% and a negative return on equity of 7.69%. As a group, equities research analysts predict that Gore Street Energy Storage Fund will post 2.9007634 EPS for the current year.

Gore Street Energy Storage Fund Company Profile

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. It is listed on the Premium Segment of the London Stock Exchange and included in the FTSE All-Share Index.
Energy storage technologies enhance power system stability and flexibility and are key tools for balancing out variability in renewable energy generation, facilitating the integration of more renewable energy supply into power grids.