Fortis Inc. – Consensus Indicates Potential -3.1% Downside
Fortis Inc. found using ticker (FTS) have now 3 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 50 and 42.28 calculating the average target price we see 46.13. Now with the previous closing price of 47.59 this would indicate that there is a downside of -3.1%. The 50 day MA is 49.65 and the 200 day moving average is 46.92. The company has a market cap of $22,011m. 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 $21,336m 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; 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.
Fortis Inc. – Consensus Indicates Potential -3.1% Downside
Fortis Inc. found using ticker (FTS) have now 3 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 50 and 42.28 calculating the average target price we see 46.13. Now with the previous closing price of 47.59 this would indicate that there is a downside of -3.1%. The 50 day MA is 49.65 and the 200 day moving average is 46.92. The company has a market cap of $22,011m. 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 $21,336m 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; 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.