S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Stock market today: Another winning week for Wall Street ends with more records
Critical asset just had biggest fall on record (Ad)
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
One year after buying a failed bank, New York Community Bancorp is struggling
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Stock market today: Another winning week for Wall Street ends with more records
Critical asset just had biggest fall on record (Ad)
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
One year after buying a failed bank, New York Community Bancorp is struggling
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Stock market today: Another winning week for Wall Street ends with more records
Critical asset just had biggest fall on record (Ad)
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
One year after buying a failed bank, New York Community Bancorp is struggling
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Stock market today: Another winning week for Wall Street ends with more records
Critical asset just had biggest fall on record (Ad)
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
One year after buying a failed bank, New York Community Bancorp is struggling
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations

Fortis (FTS) Stock Forecast & Price Target

C$52.28
-0.05 (-0.10%)
(As of 03/1/2024 ET)

Fortis Consensus Analyst Rating and Stock Price Forecast (2024)

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.

Analysts' Consensus Rating

Hold
Based on 8 Analyst Ratings

Analysts' Consensus Price Target

C$57.54
10.06% Upside
High ForecastC$62.00
Average ForecastC$57.54
Low ForecastC$50.00
TypeCurrent Forecast
3/3/23 to 3/2/24
1 Month Ago
2/1/23 to 2/1/24
3 Months Ago
12/3/22 to 12/3/23
1 Year Ago
3/3/22 to 3/3/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetC$57.54C$57.58C$57.88C$58.04
Predicted Upside10.06% Upside5.83% Upside5.37% Upside4.41% Upside
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FTS Analyst Ratings 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.
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Fortis Stock vs. The Competition

TypeFortisUtilities Companies
Consensus Rating Score
2.00
2.40
Consensus RatingHoldHold
News Sentiment RatingPositive News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/12/2024BMO Capital Markets
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 Lower TargetMarket PerformC$58.50 ➝ C$58.00+9.33%
1/30/2024National Bankshares
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 Boost TargetSector PerformC$52.00 ➝ C$55.00+2.06%
1/24/2024CIBC
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 Boost TargetNeutralC$58.00 ➝ C$59.00+10.45%
1/24/2024Scotiabank
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 Boost TargetSector PerformC$57.00 ➝ C$60.00+12.32%
1/22/2024JPMorgan Chase & Co.
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 Lower TargetUnderweightC$53.00 ➝ C$50.00-7.36%
1/16/2024Bank of America
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 Boost TargetC$49.00 ➝ C$50.00-9.40%
10/30/2023TD Securities
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 Lower TargetBuyC$63.00 ➝ C$61.00+10.51%
9/11/2023Royal Bank of Canada
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 Lower TargetSector PerformC$65.00 ➝ C$61.00+13.15%
8/24/2023CSFB
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 Boost TargetNeutralC$60.50 ➝ C$61.50+14.61%
8/24/2023Credit Suisse Group
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 Lower TargetC$61.50 ➝ C$60.50+12.81%
8/3/2023Raymond James
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 Lower TargetC$65.00 ➝ C$62.00+16.61%
5/19/2023UBS Group
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 Lower TargetC$54.00 ➝ C$53.00-9.57%
5/4/2023Susquehanna Bancshares
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 Boost TargetC$56.00 ➝ C$57.00-6.19%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:25 AM ET.












FTS Price Target - Frequently Asked Questions

What is Fortis's consensus rating and price target?

According to the issued ratings of 8 analysts in the last year, the consensus rating for Fortis stock is Hold based on the current 1 sell rating, 6 hold ratings and 1 buy rating for FTS. The average twelve-month price prediction for Fortis is C$57.54 with a high price target of C$62.00 and a low price target of C$50.00. Learn more on FTS's analyst rating history.

Do Wall Street analysts like Fortis more than its competitors?

Analysts like Fortis less than other Utilities companies. The consensus rating score for Fortis is 2.00 while the average consensus rating score for utilities companies is 2.39. Learn more on how FTS compares to other companies.

Does Fortis's stock price have much upside?

According to analysts, Fortis's stock has a predicted upside of 5.77% based on their 12-month stock forecasts.

What analysts cover Fortis?

Fortis has been rated by Bank of America, BMO Capital Markets, CIBC, JPMorgan Chase & Co., National Bankshares, and Scotiabank in the past 90 days.


Stock Ratings Reports and Tools

This page (TSE:FTS) was last updated on 3/2/2024 by MarketBeat.com Staff