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Fortis (FTS) Stock Forecast & Price Target

Fortis logo
C$68.24 +0.26 (+0.38%)
As of 04:00 PM Eastern

Fortis - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Sell
0
Hold
5
Buy
3

Based on 8 Wall Street analysts who have issued ratings for Fortis in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 5 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for FTS.

Consensus Price Target

C$70.89
3.88% Upside
According to the 8 analysts' twelve-month price targets for Fortis, the average price target is C$70.89. The highest price target for FTS is C$77.00, while the lowest price target for FTS is C$63.00. The average price target represents a forecasted upside of 3.88% from the current price of C$68.24.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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FTS Analyst Ratings Over Time

TypeCurrent Forecast
9/23/24 to 9/23/25
1 Month Ago
8/24/24 to 8/24/25
3 Months Ago
6/25/24 to 6/25/25
1 Year Ago
9/24/23 to 9/23/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
Consensus Price TargetC$70.89C$68.82C$64.25C$60.10
Forecasted Upside3.88% Upside-1.76% Downside0.44% Upside-1.14% Downside
Consensus RatingModerate BuyHoldReduceReduce

FTS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FTS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Fortis Stock vs. The Competition

TypeFortisUtilities Companies
Consensus Rating Score
2.50
2.48
Consensus RatingModerate BuyHold
News Sentiment Rating
Positive News

See Recent FTS News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/15/2025Jefferies Financial Group
2 of 5 stars
 Boost TargetC$70.00 ➝ C$72.00+5.77%
8/5/2025TD Securities
4 of 5 stars
 Boost TargetBuyC$74.00 ➝ C$77.00+10.46%
8/5/2025Desjardins
3 of 5 stars
 UpgradeHoldModerate BuyC$71.00 ➝ C$76.00+9.02%
8/5/2025Raymond James Financial
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 Boost TargetOutperformC$69.00 ➝ C$72.00+3.29%
8/5/2025National Bankshares
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 Boost TargetSector PerformC$65.00 ➝ C$67.00-3.89%
7/21/2025Cibc World Mkts
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 UpgradeHoldStrong-Buy
5/8/2025Royal Bank Of Canada
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 Boost TargetSector PerformC$69.00 ➝ C$72.00+5.36%
5/8/2025Scotiabank
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 Boost TargetSector PerformC$66.00 ➝ C$70.00+2.43%
4/24/2025CIBC
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 Boost TargetNeutralC$68.00 ➝ C$69.00+2.72%
3/21/2025UBS Group
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 Boost TargetC$58.00 ➝ C$63.00-2.64%
9/20/2024Bank of America
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 Set TargetUnderperformC$60.00-0.10%
9/5/2024BMO Capital Markets
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 Boost TargetC$59.00 ➝ C$61.00+0.10%
7/25/2024JPMorgan Chase & Co.
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 Boost TargetC$52.00 ➝ C$53.00-6.14%
5/8/2024Wells Fargo & Company
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 Boost TargetC$56.00 ➝ C$59.00+5.79%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:34 PM ET.


Should I Buy Fortis Stock? FTS Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, September 18, 2025. Please send any questions or comments about these Fortis pros and cons to contact@marketbeat.com.

Fortis
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Fortis Inc.:

  • The current stock price is around C$68, which has recently crossed above its 200-day moving average, indicating potential upward momentum.
  • Fortis Inc. has received multiple upgrades from analysts, with target prices raised to as high as C$77, suggesting strong confidence in the company's future performance.
  • The company offers a solid dividend yield of 3.6%, providing a steady income stream for investors, which is attractive in a low-interest-rate environment.
  • Fortis Inc. has a stable market capitalization of over C$34 billion, reflecting its established position in the utility sector and its ability to weather economic fluctuations.
  • Recent analyst ratings indicate a mix of "buy" and "hold" recommendations, with one analyst even giving a "strong buy" rating, which may attract more investors looking for reliable stocks.

Fortis
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Fortis Inc. for these reasons:

  • The company has a relatively high debt-to-equity ratio of 142.31, which may raise concerns about its financial leverage and ability to manage debt obligations.
  • Despite recent upgrades, the average analyst rating remains at "hold," indicating that some investors may not see significant growth potential in the near term.
  • Fortis Inc. has a price-to-earnings (P/E) ratio of around 19.89, which could be considered high compared to industry peers, suggesting that the stock may be overvalued.
  • The company's quick ratio of 0.36 indicates potential liquidity issues, as it may struggle to meet short-term obligations without additional financing.
  • Market volatility and economic uncertainties could impact utility stocks like Fortis Inc., making it a less attractive option for risk-averse investors.

FTS Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Fortis is C$70.89, with a high forecast of C$77.00 and a low forecast of C$63.00.

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fortis in the last twelve months. There are currently 5 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FTS shares.

According to analysts, Fortis's stock has a predicted upside of 3.88% based on their 12-month stock forecasts.

Over the previous 90 days, Fortis's stock had 4 upgrades by analysts.

Fortis has been rated by research analysts at Cibc World Mkts, Desjardins, Jefferies Financial Group, National Bankshares, Raymond James Financial, and TD Securities in the past 90 days.

Analysts like Fortis more than other "utilities" companies. The consensus rating for Fortis is Moderate Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how FTS compares to other companies.


This page (TSE:FTS) was last updated on 9/23/2025 by MarketBeat.com Staff
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