Analyst Price Target is GBX 85
▲ +53.71% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Gore Street Energy Storage Fund in the last 3 months. The average price target is GBX 85, with a high forecast of GBX 85 and a low forecast of GBX 85. The average price target represents a 53.71% upside from the last price of GBX 55.30.
Current Consensus is
Hold
The current consensus among 1 investment analysts is to hold stock in Gore Street Energy Storage Fund.
Launched in 2018, Gore Street Energy Storage Fund plc is London’s first listed energy storage fund. The Company is the only UK-listed energy storage fund with a diversified operational portfolio located across four grids. It is listed on the Premium Segment of the London Stock Exchange and included in the FTSE All-Share Index.
GSF seeks to offer shareholders:
An attractive dividend generated from long-term investment in a diversified portfolio of utility-scale energy storage assets. A quarterly dividend is targeted at an annual rate of 7%. of NAV per share, with a minimum target of 7p per share. Since its IPO, the company has delivered dividends of 7p per share in each financial year.*
An element of capital growth through the re-investment of net cash generated in excess of the target dividend.
Exposure to a diversified portfolio of utility-scale energy storage assets located across four grids.
A responsible approach to investment: during the last financial year, the company’s operational assets helped avoid 5,454.42 tCO2e and store 7,884.56 MWh of renewable energy.
*Past performance does not guarantee future performance
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