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

Shore Capital reissued their house stock rating on shares of Gore Street Energy Storage Fund (LON:GSF) in a report published on Monday, Marketbeat reports.

Separately, Royal Bank of Canada reissued a sector perform rating and issued a GBX 85 ($1.10) price target on shares of Gore Street Energy Storage Fund in a report on Thursday, April 11th.

Gore Street Energy Storage Fund Trading Down 1.9 %

Shares of LON GSF opened at GBX 61.60 ($0.80) on Monday. Gore Street Energy Storage Fund has a twelve month low of GBX 58.80 ($0.76) and a twelve month high of GBX 102.40 ($1.33). The company has a market capitalization of £311.14 million, a price-to-earnings ratio of 684.44 and a beta of 0.36. The firm has a 50-day moving average of GBX 65.52 and a two-hundred day moving average of GBX 67.35.

Gore Street Energy Storage Fund Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, July 15th. Shareholders of record on Thursday, June 27th were issued a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date was Thursday, June 27th. This represents a yield of 2.27%. Gore Street Energy Storage Fund’s payout ratio is presently 8,888.89%.

About Gore Street Energy Storage Fund

Gore Street Energy Storage Fund Plc is an infrastructure investment fund.