Gore Street Energy Storage Fund (LON:GSF) Receives “Hold” Rating from Jefferies Financial Group

Gore Street Energy Storage Fund (LON:GSF)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Financial Group in a report issued on Thursday,Digital Look reports.

Gore Street Energy Storage Fund Stock Performance

LON GSF opened at GBX 48.57 on Thursday. Gore Street Energy Storage Fund has a one year low of GBX 46.70 and a one year high of GBX 66.20. The stock has a 50-day moving average of GBX 52.54 and a 200 day moving average of GBX 53.26. The company has a market capitalization of £245.33 million, a price-to-earnings ratio of -7.65 and a beta of 0.37.

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. 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.