Analyst Activity – Scotiabank Reiterates Outperform on Fortis (TSE:FTS)

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Analyst Ratings For Fortis (TSE:FTS)

Today, Scotiabank reiterated its Outperform rating on Fortis (TSE:FTS) with a price target of C$49.00.

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$48.10 per share, a potential .

Some recent analyst ratings include

  • 5/3/2017-Scotiabank Reiterated Rating of Outperform.
  • 5/3/2017-TD Securities Reiterated Rating of Buy.
  • 3/29/2017-Barclays PLC Reiterated Rating of Overweight.
  • 2/27/2017-JPMorgan Chase & Co. Reiterated Rating of Neutral.
  • 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 44.50 down -0.19 -0.43% with 993,715 shares trading hands.