Analysts have been eager to weigh in on the Utilities sector with new ratings on Fortis (FTS – Research Report) and Getlink SE (GB:0P72 – Research Report).
Fortis (FTS)
Bank of America Securities analyst Julien Dumoulin Smith reiterated a Sell rating on Fortis on January 16 and set a price target of $37.00. The company’s shares closed last Monday at $40.16.
According to TipRanks.com, Smith is a 4-star analyst with an average return of
Currently, the analyst consensus on Fortis is a Moderate Sell with an average price target of $41.19, which is a 1.7% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Sell rating on the stock with a C$50.00 price target.
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Getlink SE (GB:0P72)
In a report issued on January 17, Cristian Nedelcu from UBS maintained a Hold rating on Getlink SE, with a price target of EUR18.50. The company’s shares closed yesterday at EUR16.28.
According to TipRanks.com, Nedelcu is ranked #1314 out of 8686 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Getlink SE with an EUR17.50 average price target, implying an 8.4% upside from current levels. In a report issued on January 9, Kepler Capital also maintained a Hold rating on the stock with a EUR15.75 price target.
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