Analyst Ratings For Fortis (TSE:FTS)
Today, Scotiabank raised its price target on Fortis (TSE:FTS) to C$49.00 per share.
There are 1 hold rating, 6 buy ratings on the stock.
The current consensus rating on Fortis (TSE:FTS) is Buy (Score: 2.86) with a consensus target price of C$48.20 per share, a potential .
Some recent analyst ratings include
- 3/29/2017-Barclays PLC Reiterated Rating of Overweight.
- 3/3/2017-TD Securities Reiterated Rating of Buy.
- 2/27/2017-JPMorgan Chase & Co. Reiterated Rating of Neutral.
- 2/17/2017-CIBC Upgrade from a “Neutral ” rating to a ” Outperform” rating.
- 1/24/2017-Royal Bank of Canada Reiterated Rating of Outperform.
About Fortis (TSE:FTS)
Fortis Inc. is a Canada-based electric and gas utility holding company. The Company’s segments include Regulated Utilities and Non-Regulated Utilities. The Regulated Utilities segment includes Regulated Electric & Gas Utilities-the United States, which consists of ITC Holdings Corp. (ITC Holdings), UNS Energy Corporation and Central Hudson Gas & Electric Corporation (Central Hudson); Gas & Electric Utilities-Canadian, which consists of FortisAlberta Inc. (FortisAlberta), FortisBC Energy Inc. (FortisBC Energy), FortisBC Inc. (FortisBC Electric) and Newfoundland Power Inc. (Newfoundland Power); Electric Utilities-Caribbean, which includes its ownership interest in Caribbean Utilities Company, Ltd., Fortis Turks and Caicos, and its investment in Belize Electricity Limited. The Non-Regulated Utilities segment consists of Non-Regulated-Energy Infrastructure, which comprises long-term generation assets in British Columbia and Belize, and the Aitken Creek natural gas storage facility.
Recent Trading Activity for Fortis (TSE:FTS)
Shares of Fortis closed the previous trading session at 44.98 up +0.63 1.42% with 641,514 shares trading hands.