Analyst Ratings For Fortis (TSE:FTS)
Today, J P Morgan Chase & Co reiterated its Neutral rating on Fortis (TSE:FTS) with a price target of C$44.00.
There are 1 hold rating, 5 buy ratings on the stock.
The current consensus rating on Fortis (TSE:FTS) is Buy (Score: 2.83) with a consensus target price of C$48.11 per share, a potential .
Some recent analyst ratings include
- 2/27/2017-J P Morgan Chase & Co Reiterated Rating of Neutral.
- 2/17/2017-Scotiabank Reiterated Rating of Outperform.
- 2/17/2017-CIBC Upgrade from a “Neutral ” rating to a ” Outperform” rating.
- 1/24/2017-Royal Bank of Canada Reiterated Rating of Outperform.
- 1/17/2017-Raymond James Financial, Inc. was Downgraded by analysts at Raymond James Financial, Inc. from a “Outperform ” rating to a ” Mkt Perform” rating.
About Fortis (TSE:FTS)
Fortis Inc (Fortis) is a Canada-based electric and gas utility company. The Company’s segments include Regulated Utilities and Non-Regulated Utilities. The Regulated Utilities segment includes Regulated Electric & Gas Utilities-United States, which consists of UNS Energy Corporation (UNS Energy) and Central Hudson Gas & Electric Corporation (Central Hudson); Regulated Gas Utility-Canadian, which consists of FortisBC Energy Inc. (FortisBC Energy); Regulated Electric Utilities-Canadian, which consists of FortisAlberta Inc. (FortisAlberta), FortisBC Electric and Eastern Canadian, and Regulated Electric Utilities-Caribbean, which includes its ownership interest in Caribbean Utilities Company, Ltd. (Caribbean Utilities), Fortis Turks and Caicos, and its investment in Belize Electricity Limited (Belize Electricity). The Non-Regulated Utilities segment consists of Fortis Generation and Aitken Creek Gas Storage LLC, a provider of natural gas transmission and storage services.
Recent Trading Activity for Fortis (TSE:FTS)
Shares of Fortis closed the previous trading session at 42.33 down -0.40 -0.94% with 2,263,098 shares trading hands.