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

Key Points

• Gore Street Energy Storage Fund (LON:GSF) has had its "house stock" rating reiterated by Shore Capital, reflecting cautious sentiment among analysts.
• Royal Bank of Canada set a target price of GBX 60, maintaining an "underperform" rating for the stock, which currently holds an average consensus rating of "Sell."
• The stock recently traded up to GBX 60.80 with a market cap of £307.12 million, and it has ranged between GBX 42.40 and GBX 69 over the past year.

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 research note issued on Wednesday,Digital Look reports.

Separately, Royal Bank Of Canada reiterated an "underperform" rating and set a GBX 60 price target on shares of Gore Street Energy Storage Fund in a research note on Thursday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of "Sell" and a consensus target price of GBX 60.

Gore Street Energy Storage Fund Trading Up 1.0%

GSF traded up GBX 0.60 on Wednesday, hitting GBX 60.80. The company had a trading volume of 1,508,118 shares, compared to its average volume of 1,586,656. The firm has a market cap of £307.12 million, a P/E ratio of 49.84 and a beta of 0.31. Gore Street Energy Storage Fund has a 1 year low of GBX 42.40 and a 1 year high of GBX 69. The company's fifty day moving average price is GBX 57.23 and its 200 day moving average price is GBX 59.90.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.