TSE:FTS - Fortis Inc. (FTS.TO) Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$60.50
  • Forecasted Upside: 12.12 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 4 Buy Ratings
  • 1 Strong Buy Ratings
C$53.96
▲ +0.6 (1.12%)
1 month | 3 months | 12 months
Get New Fortis Inc. (FTS.TO) Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for FTS and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for FTS

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
C$60.50
▲ +12.12% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Fortis Inc. (FTS.TO) in the last 3 months. The average price target is C$60.50, with a high forecast of C$64.00 and a low forecast of C$57.00. The average price target represents a 12.12% upside from the last price of C$53.96.
Buy
The current consensus among 7 contributing investment analysts is to buy stock in Fortis Inc. (FTS.TO).

Past Monthly Recommendations

Move your mouse over past months for details

  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/8/2019
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/6/2019
  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/4/2019
  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/2/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/2/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/31/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/29/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/29/2020

Latest Recommendations

  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
10/23/2020CSFBReiterated RatingNeutral
i
10/16/2020JPMorgan Chase & Co.Boost Price TargetC$54.00 ➝ C$57.00
i
9/24/2020Raymond JamesSet Price TargetOutperformC$58.00
i
9/21/2020JPMorgan Chase & Co.Lower Price TargetC$55.00 ➝ C$54.00
i
7/31/2020Raymond JamesSet Price TargetOutperformC$58.00
i
7/31/2020National Bank FinancialBoost Price TargetSector PerformC$60.00 ➝ C$61.00
i
7/31/2020BMO Capital MarketsBoost Price TargetC$56.00 ➝ C$59.00
i
7/23/2020JPMorgan Chase & Co.Lower Price TargetC$57.00 ➝ C$55.00
i
5/7/2020Raymond JamesSet Price TargetOutperformC$58.00
i
5/7/2020TD SecuritiesBoost Price TargetAction List BuyC$62.00 ➝ C$63.00
i
5/7/2020CIBCBoost Price TargetC$57.00 ➝ C$58.00
i
4/23/2020CIBCBoost Price TargetC$55.00 ➝ C$57.00
i
4/21/2020JPMorgan Chase & Co.Boost Price TargetC$55.00 ➝ C$57.00
i
4/15/2020ScotiabankBoost Price TargetC$62.00 ➝ C$63.00
i
3/31/2020TD SecuritiesUpgradeHold ➝ Action List BuyC$62.00
i
3/30/2020BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$57.00 ➝ C$55.00
i
3/20/2020CIBCUpgradeNeutral ➝ OutperformC$59.00 ➝ C$55.00
i
3/13/2020Raymond JamesUpgradeMarket Perform ➝ OutperformC$58.00
i
2/14/2020Raymond JamesReiterated RatingMarket PerformC$58.00
i
2/14/2020TD SecuritiesBoost Price TargetHoldC$54.00 ➝ C$61.00
i
2/14/2020Wells Fargo & CompanyBoost Price TargetC$59.00 ➝ C$64.00
i
2/14/2020CIBCBoost Price TargetC$58.00 ➝ C$59.00
i
2/14/2020Royal Bank of CanadaBoost Price TargetOutperformC$59.00 ➝ C$63.00
i
2/7/2020UBS GroupBoost Price TargetC$59.00 ➝ C$64.00
i
2/7/2020ScotiabankBoost Price TargetC$57.00 ➝ C$62.00
i
1/30/2020CIBCDowngradeOutperform ➝ NeutralC$57.00 ➝ C$58.00
i
1/29/2020Raymond JamesSet Price TargetMarket PerformC$55.00
i
1/29/2020National Bank FinancialBoost Price TargetSector PerformC$54.00 ➝ C$60.00
i
1/20/2020Credit Suisse GroupBoost Price TargetC$54.00 ➝ C$58.00
i
1/20/2020CSFBBoost Price TargetC$54.00 ➝ C$58.00
i
1/15/2020CIBCBoost Price TargetC$55.00 ➝ C$57.00
i
12/4/2019National Bank FinancialReiterated RatingSector PerformC$54.00
i
12/4/2019TD SecuritiesLower Price TargetHoldC$55.00 ➝ C$54.00
i
11/26/2019CSFBSet Price TargetNeutralC$54.00
i
11/25/2019Raymond JamesSet Price TargetMarket PerformC$55.00
i
11/25/2019National Bank FinancialLower Price TargetSector PerformC$55.00 ➝ C$54.00
i
11/8/2019UBS GroupLower Price TargetC$62.00 ➝ C$59.00
i
11/4/2019Raymond JamesReiterated RatingMarket PerformC$55.00
i
11/4/2019TD SecuritiesBoost Price TargetHoldC$53.00 ➝ C$55.00
i
9/12/2019Raymond JamesReiterated RatingMarket PerformC$55.00
i
9/12/2019National Bank FinancialBoost Price TargetSector PerformC$53.00 ➝ C$55.00
i
9/11/2019BMO Capital MarketsDowngradeOutperform ➝ Market Perform
i
9/11/2019CIBCBoost Price TargetC$55.00 ➝ C$56.00
i
9/9/2019BMO Capital MarketsBoost Price TargetC$52.00 ➝ C$55.00
i
9/6/2019UBS GroupBoost Price TargetC$59.00 ➝ C$62.00
i
9/3/2019Wells Fargo & CompanyBoost Price TargetC$57.00 ➝ C$59.00
i
8/22/2019CIBCDowngradeOutperform ➝ Neutral
i
8/21/2019Royal Bank of CanadaBoost Price TargetC$56.00 ➝ C$59.00
i
8/9/2019UBS GroupBoost Price TargetC$58.00 ➝ C$59.00
i
8/6/2019Raymond JamesReiterated RatingMarket PerformC$55.00
i
8/6/2019TD SecuritiesBoost Price TargetHoldC$50.00 ➝ C$53.00
i
8/6/2019National Bank FinancialBoost Price TargetSector PerformC$52.00 ➝ C$53.00
i
7/26/2019Raymond JamesBoost Price TargetC$50.00 ➝ C$55.00
i
7/25/2019CSFBBoost Price TargetNeutralC$50.00 ➝ C$54.00
i
7/23/2019CIBCBoost Price TargetC$52.00 ➝ C$55.00
i
7/15/2019JPMorgan Chase & Co.Boost Price TargetC$50.00 ➝ C$52.00
i
6/26/2019BMO Capital MarketsBoost Price TargetC$50.00 ➝ C$52.00
i
5/2/2019Raymond JamesUpgradeSector Perform ➝ OutperformC$55.00
i
5/2/2019Royal Bank of CanadaBoost Price TargetOutperformC$53.00 ➝ C$56.00
i
4/23/2019Raymond JamesDowngradeOutperform ➝ Market Perform
i
4/15/2019JPMorgan Chase & Co.Boost Price TargetC$47.00 ➝ C$50.00
i
4/13/2019BMO Capital MarketsBoost Price TargetC$49.00 ➝ C$50.00
i
4/3/2019CIBCBoost Price TargetC$49.00 ➝ C$52.00
i
3/20/2019UBS GroupBoost Price TargetC$54.00 ➝ C$55.00
i
2/28/2019Raymond JamesSet Price TargetOutperformC$50.00
i
2/19/2019Raymond JamesReiterated RatingOutperformC$50.00
i
2/19/2019Royal Bank of CanadaBoost Price TargetOutperformC$50.00 ➝ C$53.00
i
2/19/2019BMO Capital MarketsBoost Price TargetOutperformC$48.00 ➝ C$49.00
i
1/29/2019TD SecuritiesDowngradeBuy ➝ HoldC$48.00
i
1/29/2019National Bank FinancialBoost Price TargetSector PerformC$47.00 ➝ C$48.00
i
1/23/2019National Bank FinancialBoost Price TargetSector PerformC$45.00 ➝ C$47.00
i
1/15/2019CIBCBoost Price TargetC$47.00 ➝ C$49.00
i
11/29/2018UBS GroupBoost Price TargetC$49.00 ➝ C$53.00
i
11/5/2018Raymond JamesReiterated RatingOutperformC$50.00
i
11/5/2018CIBCBoost Price TargetC$46.00 ➝ C$47.00
i
11/5/2018Royal Bank of CanadaBoost Price TargetOutperformC$49.00 ➝ C$50.00
i
11/5/2018TD SecuritiesBoost Price TargetBuyC$46.00 ➝ C$48.00
i
10/24/2018CIBCLower Price TargetC$48.00 ➝ C$46.00
i
10/16/2018National Bank FinancialBoost Price TargetSector PerformC$44.00 ➝ C$45.00
i
10/9/2018Industrial Alliance SecuritiesLower Price TargetC$51.00 ➝ C$48.00
i
9/11/2018BMO Capital MarketsLower Price TargetC$49.00 ➝ C$48.00
i
5/2/2018ScotiabankDowngradeOutperform ➝ Sector PerformC$48.00
i
5/2/2018CIBCLower Price TargetC$50.00 ➝ C$48.00
i
5/2/2018National Bank FinancialBoost Price TargetSector PerformC$43.00 ➝ C$44.00
i
Rating by P. Kenny at National Bank Financial
4/24/2018CIBCLower Price TargetC$51.00 ➝ C$50.00
i
3/23/2018CIBCBoost Price TargetC$50.00 ➝ C$51.00
i
2/16/2018National Bank FinancialUpgradeUnderperform ➝ Sector PerformC$43.00
i
Rating by P. Kenny at National Bank Financial
2/16/2018Royal Bank of CanadaLower Price TargetOutperformC$53.00 ➝ C$49.00
i
2/16/2018CIBCUpgradeNeutral ➝ Outperform
i
2/16/2018ScotiabankLower Price TargetOutperformC$50.00 ➝ C$48.00
i
2/16/2018TD SecuritiesLower Price TargetBuyC$51.00 ➝ C$46.00
i
2/9/2018Raymond JamesUpgradeMarket Perform ➝ Outperform
i
2/6/2018BMO Capital MarketsLower Price TargetC$51.50 ➝ C$49.00
i
1/28/2018National Bank FinancialDowngradeSector Perform Market Weight ➝ Underperform Market Weight
i
Rating by P. Kenny at National Bank Financial
1/11/2018CIBCBoost Price TargetC$49.00 ➝ C$50.00
i
11/13/2017JPMorgan Chase & Co.Boost Price TargetC$48.00 ➝ C$49.00
i
11/6/2017Royal Bank of CanadaBoost Price TargetOutperformC$51.00 ➝ C$53.00
i
11/6/2017ScotiabankBoost Price TargetOutperformC$50.00 ➝ C$51.00
i
10/19/2017JPMorgan Chase & Co.Boost Price TargetC$47.00 ➝ C$48.00
i
10/17/2017CIBCBoost Price TargetC$48.00 ➝ C$49.00
i
10/17/2017National Bank FinancialReiterated RatingSector PerformC$48.00 ➝ C$49.00
i
9/26/2017JPMorgan Chase & Co.Lower Price TargetC$46.00 ➝ C$45.00
i
9/15/2017BMO Capital MarketsSet Price TargetC$51.50 ➝ C$51.00
i
8/3/2017CIBCDowngradeOutperform ➝ NeutralC$47.00 ➝ C$48.00
i
7/31/2017ScotiabankReiterated RatingOutperformC$50.00
i
7/31/2017Royal Bank of CanadaLower Price TargetOutperformC$52.00 ➝ C$51.00
i
7/31/2017TD SecuritiesBoost Price TargetBuyC$48.00 ➝ C$51.00
i
7/21/2017BarclaysBoost Price TargetOverweightC$37.00 ➝ C$40.00
i
5/3/2017ScotiabankReiterated RatingOutperformC$49.00
i
5/3/2017TD SecuritiesReiterated RatingBuyC$48.00
i
5/3/2017CIBCLower Price TargetC$48.00 ➝ C$47.00
i
4/17/2017ScotiabankBoost Price TargetOutperformC$48.00 ➝ C$49.00
i
3/29/2017BarclaysReiterated RatingOverweightC$48.00
i
3/3/2017TD SecuritiesReiterated RatingBuyC$48.00
i
2/27/2017JPMorgan Chase & Co.Reiterated RatingNeutralC$44.00
i
2/17/2017ScotiabankReiterated RatingOutperformC$48.00
i
2/17/2017CIBCUpgradeNeutral ➝ Outperform
i
2/17/2017DesjardinsBoost Price TargetBuyC$46.00 ➝ C$48.00
i
Rating by M. Jarvi at Desjardins
2/17/2017TD SecuritiesBoost Price TargetBuyC$46.00 ➝ C$48.00
i
2/9/2017CIBCBoost Price TargetC$47.00 ➝ C$48.00
i
1/24/2017Royal Bank of CanadaReiterated RatingOutperformC$52.00
i
1/17/2017Raymond JamesDowngradeOutperform ➝ Mkt Perform
i
11/24/2016DesjardinsReiterated RatingBuyC$46.00
i
Rating by M. Jarvi at Desjardins
11/7/2016Royal Bank of CanadaBoost Price TargetBuyC$49.00 ➝ C$50.00
i
11/7/2016ScotiabankReiterated RatingOutperformC$48.00
i
11/7/2016TD SecuritiesBoost Price TargetBuyC$49.00 ➝ C$50.00
i
10/20/2016ScotiabankReiterated RatingOutperformC$48.00
i
10/12/2016ScotiabankReiterated RatingOutperformC$48.00
i
9/28/2016CIBCBoost Price TargetC$44.00 ➝ C$47.00
i
9/22/2016Raymond JamesReiterated RatingOutperformC$50.00
i
8/3/2016Royal Bank of CanadaBoost Price TargetOutperformC$48.00 ➝ C$52.00
i
8/2/2016TD SecuritiesBoost Price TargetBuyC$48.00 ➝ C$49.00
i
8/2/2016ScotiabankBoost Price TargetOutperformC$46.00 ➝ C$48.00
i
7/25/2016CSFBBoost Price TargetC$42.00 ➝ C$46.00
i
7/20/2016CIBCDowngradeOutperform ➝ Sector Perform
i
7/7/2016BMO Capital MarketsBoost Price TargetC$46.00 ➝ C$49.00
i
7/4/2016TD SecuritiesReiterated RatingBuyC$48.00
i
7/4/2016ScotiabankReiterated RatingOutperformC$46.00
i
5/4/2016Royal Bank of CanadaLower Price TargetOutperformC$50.00 ➝ C$48.00
i
4/15/2016BMO Capital MarketsBoost Price TargetC$45.00 ➝ C$46.00
i
2/19/2016Royal Bank of CanadaBoost Price TargetOutperformC$49.00 ➝ C$50.00
i
2/19/2016BMO Capital MarketsBoost Price TargetOutperformC$44.00 ➝ C$45.00
i
2/11/2016Royal Bank of CanadaBoost Price TargetOutperformC$47.00 ➝ C$49.00
i
2/10/2016TD SecuritiesBoost Price TargetBuyC$46.00 ➝ C$48.00
i
2/10/2016Credit Suisse GroupDowngradeNeutralC$42.00
i
2/10/2016CIBCBoost Price TargetSector OutperformerC$42.00 ➝ C$44.00
i
2/10/2016BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$43.00 ➝ C$44.00
i
2/4/2016CSFBBoost Price TargetC$44.00 ➝ C$46.00
i
2/4/2016Credit Suisse GroupBoost Price TargetC$44.00 ➝ C$46.00
i
2/3/2016BMO Capital MarketsBoost Price TargetC$41.50 ➝ C$43.00
i
1/4/2016BarclaysBoost Price TargetEqual WeightC$39.00 ➝ C$40.00
i
11/9/2015National Bank FinancialReiterated RatingSector PerformC$43.00
i
11/9/2015ScotiabankBoost Price TargetOutperformC$43.00 ➝ C$46.00
i
11/9/2015Royal Bank of CanadaBoost Price TargetOutperformC$44.00 ➝ C$47.00
i
(Data available from 10/29/2015 forward)
Fortis Inc. (FTS.TO) logo
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 429,000 retail customers in southeastern Arizona; and 97,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,143 megawatts (MW), including 59 MW of solar capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,041,000 residential, commercial and industrial and transportation customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 568,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 140 MW. Additionally, it provides integrated electric utility service to approximately 66,000 customers in Ontario; approximately 269,000 customers in Newfoundland and Labrador; approximately 31,000 customers on Grand Cayman, Cayman Islands; and approximately 15,000 customers on certain islands in Turks and Caicos. The company also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 91,000 circuit Kilometers (km) of distribution lines; and approximately 49,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.
Read More

Today's Range

Now: C$53.96
C$53.15
C$54.06

50 Day Range

MA: C$54.01
C$52.19
C$55.61

52 Week Range

Now: C$53.96
C$41.52
C$59.28

Volume

619,956 shs

Average Volume

1,755,716 shs

Market Capitalization

C$25.07 billion

P/E Ratio

20.29

Dividend Yield

3.79%

Beta

N/A