Gore Street Energy Storage Fund's (GSF) House Stock Rating Reaffirmed at Shore Capital

Key Points

• Shore Capital reaffirmed its "house stock" rating for Gore Street Energy Storage Fund (GSF), emphasizing its importance in the market.
• Royal Bank of Canada restated an "underperform" rating with a price target of GBX 60, contributing to a consensus "Sell" rating among analysts.
• The stock is currently trading at GBX 60.70 with a year range between GBX 42.40 and GBX 69, and has a significant negative net margin of 80.72%.

Gore Street Energy Storage Fund (LON:GSF - Get Free Report)'s stock had its "house stock" rating reiterated by stock analysts at Shore Capital in a report released on Thursday, Marketbeat Ratings reports.

Separately, Royal Bank Of Canada reiterated an "underperform" rating and issued a GBX 60 price objective on shares of Gore Street Energy Storage Fund in a research report on Thursday, July 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of "Sell" and a consensus target price of GBX 60.

Gore Street Energy Storage Fund Price Performance

Shares of LON:GSF traded up GBX 0.20 during trading on Thursday, hitting GBX 60.80. 2,559,259 shares of the company were exchanged, compared to its average volume of 1,669,472. The company has a market cap of £313.38 million, a PE ratio of -52.54 and a beta of 0.31. The stock has a 50 day moving average of GBX 62.75 and a 200 day moving average of GBX 58.25. Gore Street Energy Storage Fund has a 52-week low of GBX 42.40 and a 52-week high of GBX 69.

Gore Street Energy Storage Fund (LON:GSF - Get Free Report) last posted its earnings results on Thursday, July 17th. The company reported GBX 1.85 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%. Sell-side analysts forecast that Gore Street Energy Storage Fund will post 2.9007634 EPS 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.