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

Gore Street Energy Storage Fund (LON:GSF – Get Free Report)‘s stock had its “hold” rating reaffirmed by equities researchers at Jefferies Financial Group in a research note issued to investors on Thursday,Digital Look reports.

Gore Street Energy Storage Fund Stock Up 0.8%

Gore Street Energy Storage Fund stock opened at GBX 48.57 on Thursday. The business has a 50-day simple moving average of GBX 52.54 and a two-hundred day simple moving average of GBX 53.26. The company has a market cap of £245.33 million, a P/E ratio of -7.65 and a beta of 0.37. Gore Street Energy Storage Fund has a 52-week low of GBX 46.70 and a 52-week high of GBX 66.20.

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About Gore Street Energy Storage Fund

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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.

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