Fortis Inc. – Consensus Indicates Potential -3.7% Downside
Fortis Inc. with ticker code (FTS) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 49.8 and 43.56 and has a mean target at 46.96. With the stocks previous close at 48.77 this would imply there is a potential downside of -3.7%. The 50 day MA is 49.1 while the 200 day moving average is 46.58. The company has a market cap of $23,497m. 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 $22,625m 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 -3.7% Downside
Fortis Inc. with ticker code (FTS) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 49.8 and 43.56 and has a mean target at 46.96. With the stocks previous close at 48.77 this would imply there is a potential downside of -3.7%. The 50 day MA is 49.1 while the 200 day moving average is 46.58. The company has a market cap of $23,497m. 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 $22,625m 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.