Fortis Inc. – Consensus Indicates Potential -6.7% Downside
Fortis Inc. with ticker code (FTS) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 50.05 and 43.42 with the average target price sitting at 46.95. Now with the previous closing price of 50.3 this indicates there is a potential downside of -6.7%. The 50 day moving average now sits at 49.39 and the 200 moving average now moves to 46.69. The company has a market capitalisation of $24,227m. Company Website: https:||www.fortisinc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $22,614m based on the market concensus. 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
Fortis Inc. – Consensus Indicates Potential -6.7% Downside
Fortis Inc. with ticker code (FTS) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 50.05 and 43.42 with the average target price sitting at 46.95. Now with the previous closing price of 50.3 this indicates there is a potential downside of -6.7%. The 50 day moving average now sits at 49.39 and the 200 moving average now moves to 46.69. The company has a market capitalisation of $24,227m. Company Website: https:||www.fortisinc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $22,614m based on the market concensus. 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