Barclays Reiterates Overweight Rating for Gresham House Energy Storage Fund (LON:GRID)

Gresham House Energy Storage Fund (LON:GRID – Get Rating)‘s stock had its “overweight” rating reaffirmed by stock analysts at Barclays in a report issued on Friday, MarketBeat.com reports. They presently have a GBX 184 ($2.30) target price on the stock. Barclays‘s price target would suggest a potential upside of 18.25% from the stock’s current price.

Gresham House Energy Storage Fund Price Performance

Shares of GRID stock opened at GBX 155.60 ($1.95) on Friday. The stock has a market cap of £842.25 million, a P/E ratio of 361.86 and a beta of 0.14. The stock has a fifty day moving average price of GBX 161.55 and a 200 day moving average price of GBX 163.10. Gresham House Energy Storage Fund has a one year low of GBX 140.51 ($1.76) and a one year high of GBX 183.50 ($2.30).

Insider Buying and Selling at Gresham House Energy Storage Fund

In related news, insider Isabel Liu acquired 2,189 shares of the business’s stock in a transaction on Thursday, May 4th. The stock was bought at an average cost of GBX 163 ($2.04) per share, with a total value of £3,568.07 ($4,469.59). Company insiders own 3.47% of the company’s stock.