Fortis (FTS) Stock Forecast & Price Target

C$66.82 +0.52 (+0.78%)

As of 11:40 AM Eastern

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

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.

Consensus Rating

Hold

Based on 9 Analyst Ratings

Sell
2

Hold
5

Buy
2

Based on 9 Wall Street analysts who have issued ratings for Fortis in the last 12 months, the stock has a consensus rating of "Hold." Out of the 9 analysts, 2 have given a sell rating, 5 have given a hold rating, and 2 have given a strong buy rating for FTS.

Consensus Price Target

C$65.14
-2.52% Downside

According to the 9 analysts' twelve-month price targets for Fortis, the average price target is C$65.14. The highest price target for FTS is C$74.00, while the lowest price target for FTS is C$53.00. The average price target represents a forecasted downside of -2.52% from the current price of C$66.82.

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FTS Analyst Ratings Over Time

Type	Current Forecast 7/24/24 to 7/24/25	1 Month Ago 6/24/24 to 6/24/25	3 Months Ago 4/25/24 to 4/25/25	1 Year Ago 7/25/23 to 7/24/24
Strong Buy	2 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	5 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	C$65.14	C$64.25	C$63.14	C$57.38
Forecasted Upside	-2.52% Downside	-1.12% Downside	-6.24% Downside	1.62% Upside
Consensus Rating	Hold	Reduce	Reduce	Hold

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.

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.

Fortis Stock vs. The Competition

Type	Fortis	Utilities Companies
Consensus Rating Score	2.22	2.48
Consensus Rating	Hold	Hold
News Sentiment Rating	Positive News See Recent FTS News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
7/22/2025	Raymond James Financial 4 of 5 stars	Upgrade	Hold ➝ Moderate Buy
7/21/2025	Cibc World Mkts 5 of 5 stars	Upgrade	Hold ➝ Strong-Buy
6/27/2025	TD Securities 4 of 5 stars	Set Target	Buy	C$74.00	+14.59%
5/8/2025	Royal Bank Of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform	C$69.00 ➝ C$72.00	+5.36%
5/8/2025	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform	C$66.00 ➝ C$70.00	+2.43%
4/24/2025	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	C$68.00 ➝ C$69.00	+2.72%
4/14/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$67.00 ➝ C$70.00	+6.51%
3/21/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$58.00 ➝ C$63.00	-2.64%
9/20/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Underperform	C$60.00	-0.10%
9/5/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$59.00 ➝ C$61.00	+0.10%
Get the Latest News and Ratings for FTS and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Fortis and its competitors with MarketBeat's FREE daily newsletter.
8/23/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform	C$56.00 ➝ C$62.00	+4.18%
7/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$52.00 ➝ C$53.00	-6.14%
5/8/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$56.00 ➝ C$59.00	+5.79%
8/24/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	C$60.50 ➝ C$61.50	+14.61%
8/24/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$61.50 ➝ C$60.50	+12.81%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:04 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 Friday, July 11, 2025. Please send any questions or comments about these Fortis pros and cons to contact@marketbeat.com.

Fortis
Bull Case

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

Fortis Inc. has recently been upgraded to a "strong-buy" rating by TD Securities, indicating strong confidence from analysts in the company's future performance.
The current stock price is around C$65.02, which reflects a stable position in the market and potential for growth.
Fortis Inc. has a solid market capitalization of approximately C$32 billion, suggesting a well-established presence in the utility sector.
The company has announced a quarterly dividend of $0.615, translating to an annualized yield of about 3.79%, providing a steady income stream for investors.
Fortis Inc. operates 10 utility transmission and distribution assets, serving over 3.4 million customers, which indicates a strong and diversified customer base.

Fortis
Bear Case

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

Despite recent upgrades, some analysts have set target prices below the current stock price, indicating potential limitations on future growth.
The company has a relatively high debt-to-equity ratio of 142.31, which may raise concerns about financial stability and risk management.
Fortis Inc. has received mixed ratings from analysts, with two analysts issuing sell ratings, suggesting some skepticism about the stock's performance.
The stock has experienced fluctuations, with a 52-week high of C$69.24 and a low of C$52.68, indicating volatility that could deter risk-averse investors.
Recent reports show that the average target price set by analysts is around C$65.14, which may not provide significant upside potential from the current price level.

FTS Forecast - Frequently Asked Questions

: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Fortis is C$65.14, with a high forecast of C$74.00 and a low forecast of C$53.00.
: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortis in the last year. There are currently 2 sell ratings, 5 hold ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FTS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FTS, but not buy additional shares or sell existing shares.
: According to analysts, Fortis's stock has a predicted downside of -2.52% based on their 12-month stock forecasts.
: Over the previous 90 days, Fortis's stock had 3 upgrades by analysts.
: Fortis has been rated by research analysts at Cibc World Mkts, Raymond James Financial, Royal Bank Of Canada, Scotiabank, and TD Securities in the past 90 days.
: Analysts like Fortis less than other "utilities" companies. The consensus rating score for Fortis is 2.22 while the average consensus rating score for "utilities" companies is 2.48. Learn more on how FTS compares to other companies.

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This page (TSE:FTS) was last updated on 7/24/2025 by MarketBeat.com Staff

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Fortis (FTS) Stock Forecast & Price Target