| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/24/2023 | 53.44% | Credit Suisse | $61.5 → $60.5 | Maintains | Neutral |
| 08/03/2023 | 57.24% | Raymond James | $65 → $62 | Maintains | Outperform |
| 03/24/2023 | 64.85% | RBC Capital | → $65 | Reiterates | → Sector Perform |
| 10/19/2022 | 47.1% | Raymond James | → $58 | Upgrades | Market Perform → Outperform |
| 07/27/2022 | — | Edward Jones | Downgrades | Buy → Hold | |
| 01/07/2022 | — | Scotiabank | Downgrades | Sector Outperform → Sector Perform | |
| 10/19/2021 | — | Wolfe Research | Downgrades | Peer Perform → Underperform | |
| 06/05/2020 | 57.24% | UBS | $59 → $62 | Maintains | Buy |
| 02/14/2020 | 62.31% | Wells Fargo | $59 → $64 | Maintains | Overweight |
| 01/30/2020 | — | CIBC | Downgrades | Outperformer → Neutral | |
| 11/22/2019 | 49.63% | Wells Fargo | $61 → $59 | Reiterates | → Outperform |
| 08/22/2019 | — | CIBC | Downgrades | Outperformer → Neutral | |
| 01/29/2019 | — | TD Securities | Downgrades | Buy → Hold |
What is the target price for Fortis (FTS)?
The latest price target for Fortis (NYSE: FTS) was reported by Credit Suisse on August 24, 2023. The analyst firm set a price target for $60.50 expecting FTS to rise to within 12 months (a possible 53.44% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Fortis (FTS)?
The latest analyst rating for Fortis (NYSE: FTS) was provided by Credit Suisse, and Fortis maintained their neutral rating.
When is the next analyst rating going to be posted or updated for Fortis (FTS)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fortis, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fortis was filed on August 24, 2023 so you should expect the next rating to be made available sometime around August 24, 2024.
Is the Analyst Rating Fortis (FTS) correct?
While ratings are subjective and will change, the latest Fortis (FTS) rating was a maintained with a price target of $61.50 to $60.50. The current price Fortis (FTS) is trading at is $39.43, which is out of the analyst's predicted range.