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Fortis Inc (DE:12F)
FRANKFURT:12F
Germany Market

Fortis (12F) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

12F Analyst Ratings

Hold
10Ratings
Hold
3 Buy
5 Hold
2 Sell
Based on 10 analysts giving stock ratings to
Fortis
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

12F Stock 12 Month Forecast

Average Price Target

€51.14
▼(-0.66% Downside)
Based on 10 Wall Street analysts offering 12 month price targets for Fortis in the last 3 months. The average price target is €51.14 with a high forecast of €55.33 and a low forecast of €43.31. The average price target represents a -0.66% change from the last price of €51.48.
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Highest Price Target€55.33Average Price Target€51.14Lowest Price Target€43.31
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
TD Cowen Analyst forecast on DE:12F
TD Cowen
TD Cowen
€52.22€54.08
Buy
5.06%
Upside
Reiterated
08/04/26
Analysts Have Conflicting Sentiments on These Utilities Companies: Fortis (NYSE: FTS), Origin Energy Limited (Other OTC: OGFGF) and Edison International (NYSE: EIX)
BMO Capital Analyst forecast on DE:12F
BMO Capital
BMO Capital
€49.11€51.6
Hold
0.23%
Upside
Reiterated
08/03/26
Fortis price target raised to C$83 from C$79 at BMO CapitalFortis price target raised to C$83 from C$79 at BMO Capital
Scotiabank Analyst forecast on DE:12F
Scotiabank
Scotiabank
€49.73€50.35
Hold
-2.19%
Downside
Reiterated
08/03/26
Analysts Offer Insights on Utilities Companies: Fortis (NYSE: FTS) and Ameren (NYSE: AEE)
Wolfe Research Analyst forecast on DE:12F
Wolfe Research
Wolfe Research
€44.17€43.31
Sell
-15.88%
Downside
Reiterated
08/03/26
Fortis price target lowered to $50 from $51 at Wolfe ResearchFortis price target lowered to $50 from $51 at Wolfe Research
Barclays
€51.6€50.97
Buy
-0.98%
Downside
Reiterated
08/03/26
Analysts Conflicted on These Utilities Names: Origin Energy Limited (Other OTC: OGFGF) and Fortis (NYSE: FTS)
RBC Capital Analyst forecast on DE:12F
RBC Capital
RBC Capital
€49.73€55.33
Hold
7.47%
Upside
Reiterated
08/02/26
RBC Capital Keeps Their Hold Rating on Fortis (FTS)
Jefferies
€50.35€52.22
Hold
1.43%
Upside
Reiterated
07/28/26
Analysts Offer Insights on Utilities Companies: Consolidated Edison (NYSE: ED) and Fortis (NYSE: FTS)
CIBC
€50.97
Hold
-0.98%
Downside
Downgraded
07/20/26
Fortis downgraded to Neutral from Outperformer at CIBCFortis downgraded to Neutral from Outperformer at CIBC
Desjardins Analyst forecast on DE:12F
Desjardins
Desjardins
€50.35€52.84
Buy
2.64%
Upside
Reiterated
07/20/26
Desjardins Sticks to Its Buy Rating for Fortis (FTS)
J.P. Morgan Analyst forecast on DE:12F
J.P. Morgan
J.P. Morgan
€47.24€49.73
Sell
-3.40%
Downside
Assigned
07/07/26
Fortis price target raised to C$80 from C$76 at JPMorganFortis price target raised to C$80 from C$76 at JPMorgan
Bank of America Securities Analyst forecast on DE:12F
Bank of America Securities
Bank of America Securities
€45.9
Sell
-10.83%
Downside
Reiterated
04/09/26
Fortis: Elevated Valuation and Regulatory Uncertainty Drive Continued Underperform (Sell) Rating
UBS
€44.14
Sell
-14.26%
Downside
Reiterated
02/20/26
UBS Sticks to Its Sell Rating for Fortis (FTS)
Raymond James Analyst forecast on DE:12F
Unknown Analyst
Raymond James
Not Ranked
Raymond James
€46.93€48.8
Buy
-5.21%
Downside
Reiterated
02/13/26
Fortis (FTS) Gets a Buy from Raymond James
National Bank Analyst forecast on DE:12F
National Bank
National Bank
€41.65€42.27
Hold
-17.89%
Downside
Reiterated
11/05/25
Fortis price target raised to C$68 from C$67 at National BankFortis price target raised to C$68 from C$67 at National Bank
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
TD Cowen Analyst forecast on DE:12F
TD Cowen
TD Cowen
€52.22€54.08
Buy
5.06%
Upside
Reiterated
08/04/26
Analysts Have Conflicting Sentiments on These Utilities Companies: Fortis (NYSE: FTS), Origin Energy Limited (Other OTC: OGFGF) and Edison International (NYSE: EIX)
BMO Capital Analyst forecast on DE:12F
BMO Capital
BMO Capital
€49.11€51.6
Hold
0.23%
Upside
Reiterated
08/03/26
Fortis price target raised to C$83 from C$79 at BMO CapitalFortis price target raised to C$83 from C$79 at BMO Capital
Scotiabank Analyst forecast on DE:12F
Scotiabank
Scotiabank
€49.73€50.35
Hold
-2.19%
Downside
Reiterated
08/03/26
Analysts Offer Insights on Utilities Companies: Fortis (NYSE: FTS) and Ameren (NYSE: AEE)
Wolfe Research Analyst forecast on DE:12F
Wolfe Research
Wolfe Research
€44.17€43.31
Sell
-15.88%
Downside
Reiterated
08/03/26
Fortis price target lowered to $50 from $51 at Wolfe ResearchFortis price target lowered to $50 from $51 at Wolfe Research
Barclays
€51.6€50.97
Buy
-0.98%
Downside
Reiterated
08/03/26
Analysts Conflicted on These Utilities Names: Origin Energy Limited (Other OTC: OGFGF) and Fortis (NYSE: FTS)
RBC Capital Analyst forecast on DE:12F
RBC Capital
RBC Capital
€49.73€55.33
Hold
7.47%
Upside
Reiterated
08/02/26
RBC Capital Keeps Their Hold Rating on Fortis (FTS)
Jefferies
€50.35€52.22
Hold
1.43%
Upside
Reiterated
07/28/26
Analysts Offer Insights on Utilities Companies: Consolidated Edison (NYSE: ED) and Fortis (NYSE: FTS)
CIBC
€50.97
Hold
-0.98%
Downside
Downgraded
07/20/26
Fortis downgraded to Neutral from Outperformer at CIBCFortis downgraded to Neutral from Outperformer at CIBC
Desjardins Analyst forecast on DE:12F
Desjardins
Desjardins
€50.35€52.84
Buy
2.64%
Upside
Reiterated
07/20/26
Desjardins Sticks to Its Buy Rating for Fortis (FTS)
J.P. Morgan Analyst forecast on DE:12F
J.P. Morgan
J.P. Morgan
€47.24€49.73
Sell
-3.40%
Downside
Assigned
07/07/26
Fortis price target raised to C$80 from C$76 at JPMorganFortis price target raised to C$80 from C$76 at JPMorgan
Bank of America Securities Analyst forecast on DE:12F
Bank of America Securities
Bank of America Securities
€45.9
Sell
-10.83%
Downside
Reiterated
04/09/26
Fortis: Elevated Valuation and Regulatory Uncertainty Drive Continued Underperform (Sell) Rating
UBS
€44.14
Sell
-14.26%
Downside
Reiterated
02/20/26
UBS Sticks to Its Sell Rating for Fortis (FTS)
Raymond James Analyst forecast on DE:12F
Unknown Analyst
Raymond James
Not Ranked
Raymond James
€46.93€48.8
Buy
-5.21%
Downside
Reiterated
02/13/26
Fortis (FTS) Gets a Buy from Raymond James
National Bank Analyst forecast on DE:12F
National Bank
National Bank
€41.65€42.27
Hold
-17.89%
Downside
Reiterated
11/05/25
Fortis price target raised to C$68 from C$67 at National BankFortis price target raised to C$68 from C$67 at National Bank
Stocks with the Highest Top Analyst Consensus in the Utilities Sector
VSTVistra Corp
SRESempra Energy
XELXcel Energy
TACTransAlta
CEGConstellation Energy Corporation
Find stocks in the Utilities sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Fortis

3 Months
Ross FowlerBank of America Securities
Success Rate
14/25 ratings generated profit
56%
Average Return
+1.52%
Copying Ross Fowler's trades and holding each position for 3 Months would result in 56.00% of your transactions generating a profit, with an average return of +1.52% per trade.
1 Year
Ross FowlerBank of America Securities
Success Rate
14/25 ratings generated profit
56%
Average Return
-0.56%
Copying Ross Fowler's trades and holding each position for 1 Year would result in 56.00% of your transactions generating a profit, with an average return of -0.56% per trade.
2 Years
Ross FowlerBank of America Securities
Success Rate
16/25 ratings generated profit
64%
Average Return
+5.47%
Copying Ross Fowler's trades and holding each position for 2 Years would result in 64.00% of your transactions generating a profit, with an average return of +5.47% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

12F Analyst Recommendation Trends

Rating
Apr 26
May 26
Jun 26
Jul 26
Aug 26
Strong Buy
0
0
0
0
0
Buy
5
5
6
6
5
Hold
6
6
6
8
8
Sell
5
3
2
1
2
Strong Sell
0
0
0
0
0
total
16
14
14
15
15
In the current month, 12F has received 5 Buy Ratings, 8 Hold Ratings, and 2 Sell Ratings. 12F average Analyst price target in the past 3 months is 51.14.
Each month's total comprises the sum of three months' worth of ratings.

12F Financial Forecast

12F Earnings Forecast

Next quarter’s earnings estimate for 12F is €0.56 with a range of €0.54 to €0.58. The previous quarter’s EPS was €0.48. 12F beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 60.04% of the time in the same period. In the last calendar year 12F has Performed in-line its overall industry.
Next quarter’s earnings estimate for 12F is €0.56 with a range of €0.54 to €0.58. The previous quarter’s EPS was €0.48. 12F beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 60.04% of the time in the same period. In the last calendar year 12F has Performed in-line its overall industry.

12F Sales Forecast

Next quarter’s sales forecast for 12F is €1.79B with a range of €1.44B to €2.02B. The previous quarter’s sales results were €1.81B. 12F beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 52.69% of the time in the same period. In the last calendar year 12F has Performed in-line its overall industry.
Next quarter’s sales forecast for 12F is €1.79B with a range of €1.44B to €2.02B. The previous quarter’s sales results were €1.81B. 12F beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 52.69% of the time in the same period. In the last calendar year 12F has Performed in-line its overall industry.

12F Stock Forecast FAQ

What is DE:12F’s average 12-month price target, according to analysts?
Based on analyst ratings, Fortis Inc’s 12-month average price target is 51.14.
    What is DE:12F’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for DE:12F, based on the analysts’ average price target.
    Can I see which stocks the top-ranking analysts are rating?
    Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
      How can I follow the stock ratings of top Wall Street analysts?
      Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
        Is Fortis Inc a Buy, Sell or Hold?
        Fortis Inc has a consensus rating of Hold, which is based on 3 buy ratings, 5 hold ratings and 2 sell ratings.
          What is Fortis Inc’s share price target?
          The average share price target for Fortis Inc is 51.14. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst share price target is €55.33 ,and the lowest forecast is €43.31. The average share price target represents -0.66% Decrease from the current price of €51.48.
            What do analysts say about Fortis Inc?
            Fortis Inc’s analyst rating consensus is a Hold. This is based on the ratings of 10 Wall Streets Analysts.
              How can I buy shares of Fortis Inc?
              To buy shares of DE:12F, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.