Analyst Downgrades – Fortis (NYSE:FTS) Stock Gets Downgraded By CIBC from Outperform to Neutral

Analyst Ratings For Fortis (NYSE:FTS)

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Today, Fortis (NYSE:FTS) stock was downgraded by CIBC from Outperform to Neutral.

There are 2 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Fortis (NYSE:FTS) is Buy (Score: 2.50) with a consensus target price of $37.00 per share, a potential 0.49% upside.

Some recent analyst ratings include

  • 8/3/2017-CIBC was Downgraded by analysts at CIBC from a “Outperform ” rating to a ” Neutral” rating.
  • 3/28/2017-Barclays PLC Reiterated Rating of Overweight.
  • 2/27/2017-J P Morgan Chase & Co initiated coverage with a Neutral rating.
  • 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.
  • 11/25/2016-Desjardins initiated coverage with a Buy rating.
  • 11/7/2016-National Bank Financial Reiterated Rating of Sector Perform Market Weight.

Dividend information for Fortis (NYSE:FTS)

Fortis (NYSE:FTS) pays an annual dividend of Community Ranking: with a yield of 3.18% and an average dividend growth of 0.00% based on a 3 Year Average.

Dividend History for Fortis (NYSE:FTS)

  • On 7/28/2017 Fortis announced a quarterly dividend of $0.32 3.53% with an ex dividend date of 8/17/2017 which will be payable on 9/1/2017.
  • On 2/16/2017 Fortis announced a quarterly dividend of $0.31 3.72% with an ex dividend date of 5/17/2017 which will be payable on 6/1/2017.
  • On 12/7/2016 Fortis announced a quarterly dividend of $0.30 3.94% with an ex dividend date of 2/14/2017 which will be payable on 3/1/2017.
  • On 9/28/2016 Fortis announced a dividend of $0.30 with an ex dividend date of 11/16/2016 which will be payable on 12/1/2016.


    Recent Trading Activity for Fortis (NYSE:FTS)
    Shares of Fortis closed the previous trading session at 36.82 up +0.28 0.77% with 9,773 shares trading hands.

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