TSE:FTS - Fortis Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$58.00
  • Forecasted Upside: 2.93 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$56.35
▼ -0.18 (-0.32%)

This chart shows the closing price for FTS by one month, three months, or twelve months.

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Analyst Price Target for FTS

Analyst Price Target is C$58.00
▲ +2.93% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Fortis in the last 3 months. The average price target is C$58.00, with a high forecast of C$61.00 and a low forecast of C$53.00. The average price target represents a 2.93% upside from the last price of C$56.35.

This chart shows the closing price for FTS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 6 polled investment analysts is to hold stock in Fortis. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
12/30/2019
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
3/29/2020
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
6/27/2020
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
9/25/2020
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
12/24/2020
  • 1 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 0 sell ratings
3/24/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/23/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
6/22/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/17/2021Raymond JamesReiterated RatingMarket PerformC$58.00
6/1/2021BMO Capital MarketsLower Price TargetOutperform ➝ Market PerformC$60.00 ➝ C$57.00
5/6/2021Raymond JamesReiterated RatingMarket PerformC$58.00
5/6/2021Royal Bank of CanadaReiterated RatingSector PerformC$59.00
5/5/2021CIBCReiterated RatingOutperformC$58.00
4/28/2021Raymond JamesDowngradeOutperform ➝ Market PerformC$58.00
3/11/2021JPMorgan Chase & Co.Lower Price TargetNAC$54.00 ➝ C$53.00
3/5/2021UBS GroupLower Price TargetC$60.00 ➝ C$57.00
2/17/2021Raymond JamesReiterated RatingOutperformC$58.00
2/17/2021Royal Bank of CanadaLower Price TargetSector PerformC$59.00
1/27/2021ScotiabankLower Price TargetC$63.00 ➝ C$61.00
1/5/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$60.00
11/2/2020Raymond JamesSet Price TargetOutperformC$58.00
10/23/2020CSFBReiterated RatingNeutral
10/16/2020JPMorgan Chase & Co.Boost Price TargetC$54.00 ➝ C$57.00
9/24/2020Raymond JamesSet Price TargetOutperformC$58.00
9/21/2020JPMorgan Chase & Co.Lower Price TargetC$55.00 ➝ C$54.00
7/31/2020Raymond JamesSet Price TargetOutperformC$58.00
7/31/2020National Bank FinancialBoost Price TargetSector PerformC$60.00 ➝ C$61.00
7/31/2020BMO Capital MarketsBoost Price TargetC$56.00 ➝ C$59.00
7/23/2020JPMorgan Chase & Co.Lower Price TargetC$57.00 ➝ C$55.00
5/7/2020Raymond JamesSet Price TargetOutperformC$58.00
5/7/2020TD SecuritiesBoost Price TargetAction List BuyC$62.00 ➝ C$63.00
5/7/2020CIBCBoost Price TargetC$57.00 ➝ C$58.00
4/23/2020CIBCBoost Price TargetC$55.00 ➝ C$57.00
4/21/2020JPMorgan Chase & Co.Boost Price TargetC$55.00 ➝ C$57.00
4/15/2020ScotiabankBoost Price TargetC$62.00 ➝ C$63.00
3/31/2020TD SecuritiesUpgradeHold ➝ Action List BuyC$62.00
3/30/2020BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$57.00 ➝ C$55.00
3/20/2020CIBCUpgradeNeutral ➝ OutperformC$59.00 ➝ C$55.00
3/13/2020Raymond JamesUpgradeMarket Perform ➝ OutperformC$58.00
2/14/2020Raymond JamesReiterated RatingMarket PerformC$58.00
2/14/2020TD SecuritiesBoost Price TargetHoldC$54.00 ➝ C$61.00
2/14/2020Wells Fargo & CompanyBoost Price TargetC$59.00 ➝ C$64.00
2/14/2020CIBCBoost Price TargetC$58.00 ➝ C$59.00
2/14/2020Royal Bank of CanadaBoost Price TargetOutperformC$59.00 ➝ C$63.00
2/7/2020UBS GroupBoost Price TargetC$59.00 ➝ C$64.00
2/7/2020ScotiabankBoost Price TargetC$57.00 ➝ C$62.00
1/30/2020CIBCDowngradeOutperform ➝ NeutralC$57.00 ➝ C$58.00
1/29/2020Raymond JamesSet Price TargetMarket PerformC$55.00
1/29/2020National Bank FinancialBoost Price TargetSector PerformC$54.00 ➝ C$60.00
1/20/2020Credit Suisse GroupBoost Price TargetC$54.00 ➝ C$58.00
1/20/2020CSFBBoost Price TargetC$54.00 ➝ C$58.00
1/15/2020CIBCBoost Price TargetC$55.00 ➝ C$57.00
12/4/2019National Bank FinancialReiterated RatingSector PerformC$54.00
12/4/2019TD SecuritiesLower Price TargetHoldC$55.00 ➝ C$54.00
11/26/2019CSFBSet Price TargetNeutralC$54.00
11/25/2019Raymond JamesSet Price TargetMarket PerformC$55.00
11/25/2019National Bank FinancialLower Price TargetSector PerformC$55.00 ➝ C$54.00
11/8/2019UBS GroupLower Price TargetC$62.00 ➝ C$59.00
11/4/2019Raymond JamesReiterated RatingMarket PerformC$55.00
11/4/2019TD SecuritiesBoost Price TargetHoldC$53.00 ➝ C$55.00
9/12/2019Raymond JamesReiterated RatingMarket PerformC$55.00
9/12/2019National Bank FinancialBoost Price TargetSector PerformC$53.00 ➝ C$55.00
9/11/2019BMO Capital MarketsDowngradeOutperform ➝ Market Perform
9/11/2019CIBCBoost Price TargetC$55.00 ➝ C$56.00
9/9/2019BMO Capital MarketsBoost Price TargetC$52.00 ➝ C$55.00
9/6/2019UBS GroupBoost Price TargetC$59.00 ➝ C$62.00
9/3/2019Wells Fargo & CompanyBoost Price TargetC$57.00 ➝ C$59.00
8/22/2019CIBCDowngradeOutperform ➝ Neutral
8/21/2019Royal Bank of CanadaBoost Price TargetC$56.00 ➝ C$59.00
8/9/2019UBS GroupBoost Price TargetC$58.00 ➝ C$59.00
8/6/2019Raymond JamesReiterated RatingMarket PerformC$55.00
8/6/2019TD SecuritiesBoost Price TargetHoldC$50.00 ➝ C$53.00
8/6/2019National Bank FinancialBoost Price TargetSector PerformC$52.00 ➝ C$53.00
7/26/2019Raymond JamesBoost Price TargetC$50.00 ➝ C$55.00
7/25/2019CSFBBoost Price TargetNeutralC$50.00 ➝ C$54.00
7/23/2019CIBCBoost Price TargetC$52.00 ➝ C$55.00
7/15/2019JPMorgan Chase & Co.Boost Price TargetC$50.00 ➝ C$52.00
6/26/2019BMO Capital MarketsBoost Price TargetC$50.00 ➝ C$52.00
5/2/2019Raymond JamesUpgradeSector Perform ➝ OutperformC$55.00
5/2/2019Royal Bank of CanadaBoost Price TargetOutperformC$53.00 ➝ C$56.00
4/23/2019Raymond JamesDowngradeOutperform ➝ Market Perform
4/15/2019JPMorgan Chase & Co.Boost Price TargetC$47.00 ➝ C$50.00
4/13/2019BMO Capital MarketsBoost Price TargetC$49.00 ➝ C$50.00
4/3/2019CIBCBoost Price TargetC$49.00 ➝ C$52.00
3/20/2019UBS GroupBoost Price TargetC$54.00 ➝ C$55.00
2/28/2019Raymond JamesSet Price TargetOutperformC$50.00
2/19/2019Raymond JamesReiterated RatingOutperformC$50.00
2/19/2019Royal Bank of CanadaBoost Price TargetOutperformC$50.00 ➝ C$53.00
2/19/2019BMO Capital MarketsBoost Price TargetOutperformC$48.00 ➝ C$49.00
1/29/2019TD SecuritiesDowngradeBuy ➝ HoldC$48.00
1/29/2019National Bank FinancialBoost Price TargetSector PerformC$47.00 ➝ C$48.00
1/23/2019National Bank FinancialBoost Price TargetSector PerformC$45.00 ➝ C$47.00
1/15/2019CIBCBoost Price TargetC$47.00 ➝ C$49.00
11/29/2018UBS GroupBoost Price TargetC$49.00 ➝ C$53.00
11/5/2018Raymond JamesReiterated RatingOutperformC$50.00
11/5/2018CIBCBoost Price TargetC$46.00 ➝ C$47.00
11/5/2018Royal Bank of CanadaBoost Price TargetOutperformC$49.00 ➝ C$50.00
11/5/2018TD SecuritiesBoost Price TargetBuyC$46.00 ➝ C$48.00
10/24/2018CIBCLower Price TargetC$48.00 ➝ C$46.00
10/16/2018National Bank FinancialBoost Price TargetSector PerformC$44.00 ➝ C$45.00
10/9/2018Industrial Alliance SecuritiesLower Price TargetC$51.00 ➝ C$48.00
9/11/2018BMO Capital MarketsLower Price TargetC$49.00 ➝ C$48.00
5/2/2018ScotiabankDowngradeOutperform ➝ Sector PerformC$48.00
5/2/2018CIBCLower Price TargetC$50.00 ➝ C$48.00
5/2/2018National Bank FinancialBoost Price TargetSector PerformC$43.00 ➝ C$44.00
4/24/2018CIBCLower Price TargetC$51.00 ➝ C$50.00
3/23/2018CIBCBoost Price TargetC$50.00 ➝ C$51.00
2/16/2018National Bank FinancialUpgradeUnderperform ➝ Sector PerformC$43.00
2/16/2018Royal Bank of CanadaLower Price TargetOutperformC$53.00 ➝ C$49.00
2/16/2018CIBCUpgradeNeutral ➝ Outperform
2/16/2018ScotiabankLower Price TargetOutperformC$50.00 ➝ C$48.00
2/16/2018TD SecuritiesLower Price TargetBuyC$51.00 ➝ C$46.00
2/9/2018Raymond JamesUpgradeMarket Perform ➝ Outperform
2/6/2018BMO Capital MarketsLower Price TargetC$51.50 ➝ C$49.00
1/28/2018National Bank FinancialDowngradeSector Perform Market Weight ➝ Underperform Market Weight
1/11/2018CIBCBoost Price TargetC$49.00 ➝ C$50.00
11/13/2017JPMorgan Chase & Co.Boost Price TargetC$48.00 ➝ C$49.00
11/6/2017Royal Bank of CanadaBoost Price TargetOutperformC$51.00 ➝ C$53.00
11/6/2017ScotiabankBoost Price TargetOutperformC$50.00 ➝ C$51.00
10/19/2017JPMorgan Chase & Co.Boost Price TargetC$47.00 ➝ C$48.00
10/17/2017CIBCBoost Price TargetC$48.00 ➝ C$49.00
10/17/2017National Bank FinancialReiterated RatingSector PerformC$48.00 ➝ C$49.00
9/26/2017JPMorgan Chase & Co.Lower Price TargetC$46.00 ➝ C$45.00
9/15/2017BMO Capital MarketsSet Price TargetC$51.50 ➝ C$51.00
8/3/2017CIBCDowngradeOutperform ➝ NeutralC$47.00 ➝ C$48.00
7/31/2017ScotiabankReiterated RatingOutperformC$50.00
7/31/2017Royal Bank of CanadaLower Price TargetOutperformC$52.00 ➝ C$51.00
7/31/2017TD SecuritiesBoost Price TargetBuyC$48.00 ➝ C$51.00
7/21/2017BarclaysBoost Price TargetOverweightC$37.00 ➝ C$40.00
5/3/2017ScotiabankReiterated RatingOutperformC$49.00
5/3/2017TD SecuritiesReiterated RatingBuyC$48.00
5/3/2017CIBCLower Price TargetC$48.00 ➝ C$47.00
4/17/2017ScotiabankBoost Price TargetOutperformC$48.00 ➝ C$49.00
3/29/2017BarclaysReiterated RatingOverweightC$48.00
3/3/2017TD SecuritiesReiterated RatingBuyC$48.00
2/27/2017JPMorgan Chase & Co.Reiterated RatingNeutralC$44.00
2/17/2017ScotiabankReiterated RatingOutperformC$48.00
2/17/2017CIBCUpgradeNeutral ➝ Outperform
2/17/2017DesjardinsBoost Price TargetBuyC$46.00 ➝ C$48.00
2/17/2017TD SecuritiesBoost Price TargetBuyC$46.00 ➝ C$48.00
2/9/2017CIBCBoost Price TargetC$47.00 ➝ C$48.00
1/24/2017Royal Bank of CanadaReiterated RatingOutperformC$52.00
1/17/2017Raymond JamesDowngradeOutperform ➝ Mkt Perform
11/24/2016DesjardinsReiterated RatingBuyC$46.00
11/7/2016Royal Bank of CanadaBoost Price TargetBuyC$49.00 ➝ C$50.00
11/7/2016ScotiabankReiterated RatingOutperformC$48.00
11/7/2016TD SecuritiesBoost Price TargetBuyC$49.00 ➝ C$50.00
10/20/2016ScotiabankReiterated RatingOutperformC$48.00
10/12/2016ScotiabankReiterated RatingOutperformC$48.00
9/28/2016CIBCBoost Price TargetC$44.00 ➝ C$47.00
9/22/2016Raymond JamesReiterated RatingOutperformC$50.00
8/3/2016Royal Bank of CanadaBoost Price TargetOutperformC$48.00 ➝ C$52.00
8/2/2016TD SecuritiesBoost Price TargetBuyC$48.00 ➝ C$49.00
8/2/2016ScotiabankBoost Price TargetOutperformC$46.00 ➝ C$48.00
7/25/2016CSFBBoost Price TargetC$42.00 ➝ C$46.00
7/20/2016CIBCDowngradeOutperform ➝ Sector Perform
7/7/2016BMO Capital MarketsBoost Price TargetC$46.00 ➝ C$49.00
7/4/2016TD SecuritiesReiterated RatingBuyC$48.00
7/4/2016ScotiabankReiterated RatingOutperformC$46.00
(Data available from 6/22/2016 forward)
Fortis 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 433,000 retail customers in southeastern Arizona; and 98,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,233 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 1,048,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 572,000 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 130 MW. Additionally, it provides integrated electric utility service to approximately 67,000 customers in Ontario; approximately 270,000 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.
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Today's Range

Now: C$56.35
Low: C$56.24
High: C$56.60

50 Day Range

MA: C$55.37
Low: C$54.50
High: C$56.96

52 Week Range

Now: C$56.35
Low: C$48.97
High: C$57.32

Volume

1,107,772 shs

Average Volume

1,727,667 shs

Market Capitalization

C$26.45 billion

P/E Ratio

20.96

Dividend Yield

3.57%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Fortis?

The following sell-side analysts have issued research reports on Fortis in the last twelve months: BMO Capital Markets, CIBC, CSFB, JPMorgan Chase & Co., National Bank Financial, Raymond James, Royal Bank of Canada, Scotiabank, and UBS Group AG.
View the latest analyst ratings for FTS.

What is the current price target for Fortis?

8 Wall Street analysts have set twelve-month price targets for Fortis in the last year. Their average twelve-month price target is C$58.00, suggesting a possible upside of 2.9%. Scotiabank has the highest price target set, predicting FTS will reach C$61.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of C$53.00 for Fortis in the next year.
View the latest price targets for FTS.

What is the current consensus analyst rating for Fortis?

Fortis currently has 5 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FTS, but not buy more shares or sell existing shares.
View the latest ratings for FTS.

What other companies compete with Fortis?

How do I contact Fortis' investor relations team?

Fortis' physical mailing address is 5 Fortis Place Suite 1100, Stn a PO Box 8837, ST. JOHNS, NL A1B 3T2, Canada. The company's listed phone number is +1-709-7372800. The official website for Fortis is www.fortisinc.com.