Fortis Inc (TSE:FTS)
TSX:FTS

Fortis (TSE:FTS) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

FTS Analyst Ratings

Hold
9Ratings
2 Buy
7 Hold
0 Sell
Based on 9 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

FTS Stock 12 Months Forecast

Average Price Target

C$57.78
▲(6.86% Upside)
Based on 9 Wall Street analysts offering 12 month price targets for Fortis in the last 3 months. The average price target is C$57.78 with a high forecast of C$65.00 and a low forecast of C$51.00. The average price target represents a 6.86% change from the last price of C$54.07.
Highest Price TargetC$65.00Average Price TargetC$57.78Lowest Price TargetC$51.00
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​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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Edward Jones
Hold
Downgraded
Edward Jones Downgrades Fortis to Hold
UBS
C$56.00
Sell
3.57%
Upside
Downgraded
UBS Downgrades Fortis to Sell, Lowers Price Target to C$56
Wells Fargo
Sell
Downgraded
Fortis downgraded to Underweight from Equal Weight at Wells FargoFortis downgraded to Underweight from Equal Weight at Wells Fargo
Veritas Investment Research
Buy
Upgraded
Fortis (FTS) was Upgraded to a Buy Rating at Veritas Investment Research
Wolfe Research
C$60.62
Sell
12.12%
Upside
Reiterated
Fortis Inc. (FTS) PT Lowered to $45 at Wolfe ResearchWolfe Research analyst Steve Fleishman lowered the price target on Fortis Inc. (NYSE: FTS) to $45.00 (from $47.00) while maintaining a Underperform rating.
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FTS Financial Forecast

FTS Earnings Forecast
Next quarter’s earnings estimate for FTS is C$0.72 with a range of C$0.67 to C$0.74. The previous quarter’s EPS was C$0.71. FTS beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 55.87% of the time in the same period. In the last calendar year FTS has Underperformed its overall industry.
Next quarter’s earnings estimate for FTS is C$0.72 with a range of C$0.67 to C$0.74. The previous quarter’s EPS was C$0.71. FTS beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 55.87% of the time in the same period. In the last calendar year FTS has Underperformed its overall industry.
FTS Sales Forecast
Next quarter’s sales forecast for FTS is C$2.70B with a range of C$2.08B to C$3.13B. The previous quarter’s sales results were C$2.55B. FTS beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 62.26% of the time in the same period. In the last calendar year FTS has Outperformed its overall industry.
Next quarter’s sales forecast for FTS is C$2.70B with a range of C$2.08B to C$3.13B. The previous quarter’s sales results were C$2.55B. FTS beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 62.26% of the time in the same period. In the last calendar year FTS has Outperformed its overall industry.
FTS Analyst Recommendation Trends
In the current month, FTS has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The FTS average analyst price target in the past 3 months is C$57.78
In the current month, FTS has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The FTS average analyst price target in the past 3 months is C$57.78

FTS Stock Forecast FAQ

What is TSE:FTS’s average 12-month price target, according to analysts?
Based on analyst ratings, Fortis’s 12-month average price target is C$57.78.
    What is TSE:FTS’s upside potential, based on the analysts’ average price target?
    Fortis has 6.86% upside potential, 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 TSE:FTS a Buy, Sell or Hold?
          Fortis has a conensus rating of Hold which is based on 2 buy ratings, 7 hold ratings and 0 sell ratings.
            What is Fortis’s price target?
            The average price target for Fortis is C$57.78. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$65.00 ,the lowest forecast is C$51.00. The average price target represents 6.86% Increase from the current price of C$54.07.
              What do analysts say about Fortis?
              Fortis’s analyst rating consensus is a ‘Hold. This is based on the ratings of 9 Wall Streets Analysts.

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