Gore Street Energy Storage Fund’s (GSF) “Sector Perform” Rating Reiterated at Royal Bank of Canada

Royal Bank of Canada reaffirmed their sector perform rating on shares of Gore Street Energy Storage Fund (LON:GSF) in a report published on Thursday morning, MarketBeat.com reports. The firm currently has a GBX 85 ($1.08) price objective on the stock.

Separately, Shore Capital restated a house stock rating on shares of Gore Street Energy Storage Fund in a report on Monday, March 25th.

Gore Street Energy Storage Fund Stock Performance

Gore Street Energy Storage Fund stock opened at GBX 63 ($0.80) on Thursday. Gore Street Energy Storage Fund has a fifty-two week low of GBX 60 ($0.76) and a fifty-two week high of GBX 104.60 ($1.32). The firm has a market capitalization of £312.10 million, a price-to-earnings ratio of 700.00 and a beta of 0.36. The stock’s fifty day moving average is GBX 66.02 and its two-hundred day moving average is GBX 73.60.

Gore Street Energy Storage Fund Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 21st were issued a GBX 2 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a dividend yield of 2.99%. Gore Street Energy Storage Fund’s dividend payout ratio (DPR) is 8,888.89%.

Insider Activity at Gore Street Energy Storage Fund

In other news, insider Lisa Scenna acquired 35,000 shares of the business’s stock in a transaction dated Thursday, March 28th. The stock was acquired at an average price of GBX 63 ($0.80) per share, with a total value of £22,050 ($27,907.86). Corporate insiders own 6.41% of the company’s stock.

About Gore Street Energy Storage Fund

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