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

Key Points

• Shore Capital has reaffirmed its "house stock" rating for Gore Street Energy Storage Fund (LON:GSF), highlighting confidence in the company's market position.
• Royal Bank of Canada has issued an "underperform" rating with a price target of GBX 60, indicating cautious outlook from some analysts.
• The company reported a negative net margin of 80.72% in its latest quarterly earnings, raising concerns over its profitability.

Gore Street Energy Storage Fund (LON:GSF - Get Free Report)'s stock had its "house stock" rating reaffirmed by Shore Capital in a research note issued to investors on Friday,Digital Look reports.

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

Gore Street Energy Storage Fund Price Performance

LON:GSF opened at GBX 55.28 on Friday. The firm's fifty day moving average price is GBX 58.03 and its two-hundred day moving average price is GBX 59.54. Gore Street Energy Storage Fund has a one year low of GBX 42.40 and a one year high of GBX 69. The company has a market cap of £279.21 million, a P/E ratio of 4,531.07 and a beta of 0.31.

Gore Street Energy Storage Fund (LON:GSF - Get Free Report) last released its quarterly 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%. As a group, equities research analysts expect that Gore Street Energy Storage Fund will post 2.9007634 earnings per share for the current year.

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.

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