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 restated by equities research analysts at Shore Capital in a report released on Thursday, Marketbeat Ratings reports.

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

Gore Street Energy Storage Fund Stock Down 1.6%

Shares of GSF stock traded down GBX 1 during mid-day trading on Thursday, reaching GBX 59.80. 1,117,994 shares of the company's stock traded hands, compared to its average volume of 1,666,109. Gore Street Energy Storage Fund has a 12 month low of GBX 42.40 and a 12 month high of GBX 69. The company has a market cap of £308.22 million, a P/E ratio of -51.68 and a beta of 0.31. The company's 50-day moving average price is GBX 62.77 and its 200-day moving average price is GBX 58.34.

Gore Street Energy Storage Fund (LON:GSF - Get Free Report) last announced its earnings results on Thursday, July 17th. The company reported GBX 1.85 EPS for the quarter. Gore Street Energy Storage Fund had a negative net margin of 80.72% and a negative return on equity of 1.04%. Equities analysts predict that Gore Street Energy Storage Fund will post 2.9007634 earnings per share for the current 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.