Gore Street Energy Storage Fund’s (GSF) Hold Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reaffirmed their hold rating on shares of Gore Street Energy Storage Fund (LON:GSF) in a research note published on Wednesday,Digital Look reports.

Separately, Shore Capital Group restated a “house stock” rating on shares of Gore Street Energy Storage Fund in a research report on Friday, August 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Gore Street Energy Storage Fund Trading Up 0.2%

Shares of GSF stock opened at GBX 49.20 on Wednesday. The company has a market capitalization of £248.51 million, a price-to-earnings ratio of -2.07 and a beta of 0.34. The firm has a 50-day moving average price of GBX 48 and a 200 day moving average price of GBX 50.42. Gore Street Energy Storage Fund has a twelve month low of GBX 43.20 and a twelve month high of GBX 64.50.

Gore Street Energy Storage Fund (LON:GSF) last issued its quarterly earnings results on Thursday, July 16th. The company reported GBX (23.72) EPS for the quarter. Gore Street Energy Storage Fund had a negative return on equity of 28.75% and a net margin of 102.56%. As a group, research analysts predict 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. It is listed on the Premium Segment of the London Stock Exchange and included in the FTSE All-Share Index.
Energy storage technologies enhance power system stability and flexibility and are key tools for balancing out variability in renewable energy generation, facilitating the integration of more renewable energy supply into power grids.