The latest price target for Fortis (NYSE:FTS) was reported by Credit Suisse on August 24, 2023. The analyst firm set a price target for $60.50 expecting FTS to rise to within 12 months (a possible 54.22% upside). 2 analyst firms have reported ratings in the last year.

The latest analyst rating for Fortis (NYSE:FTS) was provided by Credit Suisse, and Fortis maintained their neutral rating.

The last upgrade for Fortis Inc happened on October 19, 2022 when Raymond James raised their price target to $58. Raymond James previously had a market perform for Fortis Inc.

The last downgrade for Fortis Inc happened on July 27, 2022 when Edward Jones changed their price target from N/A to N/A for Fortis Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fortis, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fortis was filed on August 24, 2023 so you should expect the next rating to be made available sometime around August 24, 2024.

While ratings are subjective and will change, the latest Fortis (FTS) rating was a maintained with a price target of $61.50 to $60.50. The current price Fortis (FTS) is trading at is $39.23, which is out of the analyst’s predicted range.