• Consensus Rating: Hold
  • Consensus Price Target: C$61.65
  • Forecasted Upside: 1.32 %
  • Number of Analysts: 14
  • Breakdown:
  • 3 Sell Ratings
  • 9 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
C$60.85
▼ -0.44 (-0.72%)

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$61.65
▲ +1.32% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Fortis in the last 3 months. The average price target is C$61.65, with a high forecast of C$0.00 and a low forecast of C$0.00. The average price target represents a 1.32% upside from the last price of C$60.85.

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 14 contributing 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
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
1/9/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/9/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 0 sell ratings
7/8/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 8 hold ratings
  • 0 sell ratings
10/6/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 7 hold ratings
  • 1 sell ratings
1/4/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 9 hold ratings
  • 2 sell ratings
4/4/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 9 hold ratings
  • 3 sell ratings
6/3/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 9 hold ratings
  • 3 sell ratings
7/3/2022

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 9 hold ratings
  • 3 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/30/2022UBS GroupDowngradeNeutral ➝ SellC$61.00 ➝ C$56.00
6/1/2022Wells Fargo & CompanyDowngradeSell
5/9/2022Veritas Investment ResearchUpgradeReduce ➝ Buy
5/5/2022Raymond JamesSet Price TargetMarket PerformC$58.00
5/5/2022Royal Bank of CanadaBoost Price TargetSector PerformC$60.00 ➝ C$65.00
5/5/2022National BanksharesBoost Price TargetSector PerformC$59.00 ➝ C$60.00
4/21/2022CIBCBoost Price TargetC$60.00 ➝ C$63.00
4/19/2022ScotiabankBoost Price TargetC$61.00 ➝ C$63.00
4/13/2022Credit Suisse GroupBoost Price TargetNeutralC$66.00
4/13/2022CSFBBoost Price TargetC$63.00 ➝ C$66.00
4/12/2022JPMorgan Chase & Co.Boost Price TargetC$59.00 ➝ C$63.00
3/15/2022BMO Capital MarketsReiterated RatingHoldC$57.00 ➝ C$60.00
2/14/2022Veritas Investment ResearchDowngradeSellC$57.50
2/14/2022Raymond JamesReiterated RatingMarket PerformC$58.00
2/14/2022CIBCLower Price TargetNeutralC$61.00 ➝ C$60.00
1/31/2022UBS GroupLower Price TargetNeutralC$61.00 ➝ C$58.00
1/27/2022Credit Suisse GroupBoost Price TargetNeutralC$63.00
1/27/2022ScotiabankBoost Price TargetC$60.00 ➝ C$61.00
1/27/2022CSFBBoost Price TargetC$60.00 ➝ C$63.00
1/11/2022CIBCBoost Price TargetC$58.00 ➝ C$61.00
1/7/2022ScotiabankDowngradeOutperform ➝ HoldC$60.00
1/6/2022TD SecuritiesDowngradeAction List Buy ➝ BuyC$64.00 ➝ C$65.00
1/5/2022UBS GroupDowngradeBuy ➝ NeutralC$61.00
12/3/2021Veritas Investment ResearchLower Price TargetNAC$58.00
12/3/2021JPMorgan Chase & Co.Lower Price TargetC$59.00 ➝ C$58.00
11/18/2021CSFBBoost Price TargetC$58.00 ➝ C$60.00
11/1/2021Raymond JamesReiterated RatingMarket PerformC$58.00
11/1/2021TD SecuritiesBoost Price TargetAction List BuyC$63.00 ➝ C$64.00
11/1/2021Royal Bank of CanadaBoost Price TargetSector PerformC$59.00 ➝ C$60.00
10/29/2021CIBCReiterated RatingHoldC$57.00
10/21/2021CIBCLower Price TargetC$59.00 ➝ C$58.00
10/19/2021Wolfe ResearchDowngradeSell
10/8/2021JPMorgan Chase & Co.Reiterated RatingHoldC$60.00 ➝ C$59.00
10/7/2021JPMorgan Chase & Co.Boost Price TargetNAC$59.00 ➝ C$60.00
9/21/2021BMO Capital MarketsReiterated RatingMarket Perform
9/20/2021BMO Capital MarketsBoost Price TargetNAC$56.00 ➝ C$58.00
8/19/2021CIBCDowngradeOutperform ➝ Neutral
8/3/2021JPMorgan Chase & Co.Boost Price TargetNAC$58.00 ➝ C$60.00
7/30/2021National Bank FinancialLower Price TargetSector Perform ➝ Sector PerformC$60.00 ➝ C$59.00
7/30/2021Raymond JamesReiterated RatingMarket PerformC$58.00
7/30/2021National BanksharesLower Price TargetSector PerformC$60.00 ➝ C$59.00
7/30/2021CIBCBoost Price TargetC$58.00 ➝ C$59.00
7/29/2021CIBCReiterated RatingOutperformC$58.00
7/19/2021JPMorgan Chase & Co.Boost Price TargetNAC$57.00 ➝ C$58.00
7/9/2021ScotiabankLower Price TargetC$61.00 ➝ C$60.00
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
(Data available from 7/3/2017 forward)

News Sentiment Rating

-0.01 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 13 positive mentions
  • 7 negative mentions
  • 0 very negative mentions
12/5/2021
  • 3 very positive mentions
  • 12 positive mentions
  • 12 negative mentions
  • 0 very negative mentions
1/4/2022
  • 1 very positive mentions
  • 9 positive mentions
  • 7 negative mentions
  • 2 very negative mentions
2/3/2022
  • 0 very positive mentions
  • 15 positive mentions
  • 13 negative mentions
  • 1 very negative mentions
3/5/2022
  • 1 very positive mentions
  • 9 positive mentions
  • 10 negative mentions
  • 7 very negative mentions
4/4/2022
  • 1 very positive mentions
  • 14 positive mentions
  • 15 negative mentions
  • 1 very negative mentions
5/4/2022
  • 3 very positive mentions
  • 16 positive mentions
  • 7 negative mentions
  • 0 very negative mentions
6/3/2022
  • 2 very positive mentions
  • 12 positive mentions
  • 9 negative mentions
  • 1 very negative mentions
7/3/2022

Current Sentiment

  • 2 very positive mentions
  • 12 positive mentions
  • 9 negative mentions
  • 1 very negative mentions
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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind 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 1,065,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 577,000 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 68,000 customers in Ontario; approximately 272,000 customers in Newfoundland and Labrador; approximately 32,000 customers on Grand Cayman, Cayman Islands; and approximately 16,000 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 90,200 circuit Kilometers (km) of distribution lines; and approximately 50,500 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$60.85
Low: C$60.01
High: C$60.99

50 Day Range

MA: C$62.07
Low: C$57.96
High: C$65.05

52 Week Range

Now: C$60.85
Low: C$54.57
High: C$65.26

Volume

1,565,700 shs

Average Volume

1,678,791 shs

Market Capitalization

C$29.03 billion

P/E Ratio

23.48

Dividend Yield

3.44%

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, Credit Suisse Group AG, CSFB, JPMorgan Chase & Co., National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Scotiabank, TD Securities, UBS Group AG, Veritas Investment Research, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for FTS.

What is the current price target for Fortis?

0 Wall Street analysts have set twelve-month price targets for Fortis in the last year. Their average twelve-month price target is C$61.65, suggesting a possible upside of 1.3%.
View the latest price targets for FTS.

What is the current consensus analyst rating for Fortis?

Fortis currently has 3 sell ratings, 9 hold ratings and 2 buy ratings 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.

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. Learn More about contacing Fortis investor relations.