Fortis Stock Target Price and Analyst Consensus
| FTS Stock | USD 50.19 0.50 0.99% |
The current analyst and expert consensus on Fortis is Hold with 11 hold recommendations. The current projected Fortis target price consensus is 46.00 with 17 analyst opinions. One of the most common ways Fortis Inc analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Fortis vendors, executives, and/or customers. Fortis recommendation module provides expert sentiment on the projected Fortis Inc target price to derive its highest and lowest estimates based on target price standard deviation. Check out Macroaxis Advice on Fortis to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 41.86 | Highest Forecast 51.06 | Target Price 46 |
It's important to approach Fortis' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Fortis Target Price Consensus
Fortis target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Fortis' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 17 | Hold |
Most Fortis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Fortis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Fortis Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationFortis Target Price Projection
Fortis' current and average target prices are 50.19 and 46.00, respectively. The current price of Fortis is the price at which Fortis Inc is currently trading. On the other hand, Fortis' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Fortis Target Price
Fortis Analyst Ratings
Fortis' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Fortis stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Fortis' financials, market performance, and future outlook by experienced professionals. Fortis' historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Fortis price targets
Fortis' stock target price is an estimate of its future price, usually made by analysts. Using Fortis' target price to determine if it is a suitable investment can be done through the following steps:- Look at Fortis' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Fortis' stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Fortis Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Fortis is a key component of Fortis valuation and have some predictive power on the future returns of a Fortis.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Large Cap ETFs Invested over 100 shares | |
 | Disruptive Technologies Invested over 200 shares | |
| Sector ETFs Invested over 100 shares | |
 | Tech Growth Invested over 100 shares | |
 | Social Domain Invested over 100 shares | |
 | Macroaxis Index Invested over 90 shares | |
 | Dividend Beast Invested over 90 shares | |
 | Gold and Gold Mining Invested over 90 shares | |
 | Baby Boomer Prospects Invested over 90 shares | |
 | Corona Opportunity Invested over 90 shares |
Additional Tools for Fortis Stock Analysis
When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.