Analyst Activity – TD Securities Reiterates Buy on Fortis (TSE:FTS)

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Analyst Ratings For Fortis (TSE:FTS)

Today, TD Securities reiterated its Buy rating on Fortis (TSE:FTS) with a price target of C$48.00.

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

  • 3/3/2017-TD Securities Reiterated Rating of Buy.
  • 2/27/2017-JPMorgan 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 42.37 down -0.33 -0.77% with 769,266 shares trading hands.