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Gore Street Energy Storage Fund (LON:GSF) Given "Underperform" Rating at Royal Bank Of Canada

Gore Street Energy Storage Fund logo with Financial Services background

Royal Bank Of Canada reaffirmed their underperform rating on shares of Gore Street Energy Storage Fund (LON:GSF - Free Report) in a report published on Thursday morning, Marketbeat reports. They currently have a GBX 60 ($0.81) target price on the stock.

Separately, Shore Capital reissued a "house stock" rating on shares of Gore Street Energy Storage Fund in a report on Monday, July 14th.

Read Our Latest Research Report on GSF

Gore Street Energy Storage Fund Trading Up 2.2%

LON GSF traded up GBX 1.31 ($0.02) on Thursday, reaching GBX 61.61 ($0.83). 7,509,030 shares of the company were exchanged, compared to its average volume of 1,718,810. The business's fifty day moving average price is GBX 63.33 and its 200 day moving average price is GBX 55.65. The stock has a market capitalization of £317.54 million, a P/E ratio of -53.24 and a beta of 0.31. Gore Street Energy Storage Fund has a fifty-two week low of GBX 42.40 ($0.57) and a fifty-two week high of GBX 69 ($0.93).

Gore Street Energy Storage Fund (LON:GSF - Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The company reported GBX 1.85 ($0.02) earnings per share 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%. Equities research analysts forecast that Gore Street Energy Storage Fund will post 2.9007634 earnings per share for the current year.

About Gore Street Energy Storage Fund

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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.

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