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

Key Points

• Gore Street Energy Storage Fund (LON:GSF) received a "house stock" rating from Shore Capital, indicating analysts' positive outlook on the stock.
• Royal Bank of Canada assigned an "underperform" rating and set a price target of GBX 60 ($0.81) for the shares, reflecting a cautious view on the fund's performance.
• The stock has a market cap of £312.71 million and reported a negative net margin of 80.72% along with earnings of GBX 1.85 ($0.02) per share for the recent quarter.

Gore Street Energy Storage Fund (LON:GSF - Get Free Report)'s stock had its "house stock" rating restated by investment analysts at Shore Capital in a report issued on Friday, MarketBeat Ratings reports.

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

Gore Street Energy Storage Fund Stock Performance

Shares of LON:GSF opened at GBX 60.67 ($0.82) on Friday. The business's fifty day moving average price is GBX 63.01 and its two-hundred day moving average price is GBX 56.96. The stock has a market cap of £312.71 million, a PE ratio of -52.43 and a beta of 0.31. Gore Street Energy Storage Fund has a one year low of GBX 42.40 ($0.57) and a one year high of GBX 69 ($0.93).

Gore Street Energy Storage Fund (LON:GSF - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The company reported GBX 1.85 ($0.02) earnings per share (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%. As a group, equities research analysts predict 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.

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