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Fortive Corp has a consensus price target of $82.58 based on the ratings of 22 analysts. The high is $95 issued by Barclays on October 31, 2024. The low is $70 issued by B of A Securities on October 26, 2023. The 3 most-recent analyst ratings were released by Truist Securities, Citigroup, and UBS on December 19, 2024, December 9, 2024, and November 13, 2024, respectively. With an average price target of $86.67 between Truist Securities, Citigroup, and UBS, there's an implied 16.41% upside for Fortive Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Fortive (NYSE:FTV) was reported by Truist Securities on December 19, 2024. The analyst firm set a price target for $90.00 expecting FTV to rise to within 12 months (a possible 20.89% upside). 38 analyst firms have reported ratings in the last year.
The latest analyst rating for Fortive (NYSE:FTV) was provided by Truist Securities, and Fortive maintained their buy rating.
The last upgrade for Fortive Corp happened on October 10, 2024 when JP Morgan raised their price target to $92. JP Morgan previously had a neutral for Fortive Corp.
The last downgrade for Fortive Corp happened on December 9, 2024 when Citigroup changed their price target from $92 to $86 for Fortive Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fortive, 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 Fortive was filed on December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest Fortive (FTV) rating was a maintained with a price target of $89.00 to $90.00. The current price Fortive (FTV) is trading at is $74.45, which is out of the analyst’s predicted range.
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