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Fortis - FTS Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: C$62.77
  • Forecasted Upside: -2.89%
  • Number of Analysts: 9
  • Breakdown:
  • 2 Sell Ratings
  • 7 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
C$64.64 As of 04/11/2025 05:00 PM ET
▲ +1.41 (2.23%)

This chart shows the closing price for FTS by one month, three months, or twelve months.

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1 month | 3 months | 12 months
FebMarAprC$64.64Closing price on 04/11/25:
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Analyst Price Target for FTS

Analyst Price Target is C$62.77
▼ -2.89% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for Fortis in the last 3 months. The average price target is C$62.77, with a high forecast of C$69.00 and a low forecast of C$53.00. The average price target represents a -2.89% upside from the last price of C$64.64.

This chart shows the closing price for FTS for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart
4/247/2410/241/254/254/26C$36C$45C$55C$64C$73Closing price on 04/11/25: C$64.64HighC$69.00AverageC$62.77LowC$53.00




Current Consensus is Reduce

The current consensus among 9 polled investment analysts is to reduce stock in Fortis. This rating has held steady since September 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
10/20/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
1/18/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
4/17/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
7/16/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 3 sell ratings
Ratings as of
10/14/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 6 hold ratings
  • 3 sell ratings
Ratings as of
1/12/2025
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 2 sell ratings
Ratings as of
3/13/2025
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 2 sell ratings
Ratings as of
4/12/2025

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
4/4/2025CIBCBoost TargetC$65.00 ➝ C$68.00
3/21/2025UBS GroupBoost TargetC$58.00 ➝ C$63.00
2/18/2025CIBCBoost TargetC$64.00 ➝ C$65.00
2/18/2025Raymond JamesBoost TargetC$61.00 ➝ C$62.50
2/18/2025Royal Bank of CanadaBoost TargetC$65.00 ➝ C$69.00
2/13/2025ScotiabankBoost TargetSector PerformC$63.00 ➝ C$66.00
2/13/2025Jefferies Financial GroupSet TargetHoldC$67.00
1/8/2025CIBCBoost TargetNeutralC$63.00 ➝ C$64.00
11/6/2024Raymond JamesDowngradeOutperform ➝ Market Perform
10/3/2024Royal Bank of CanadaBoost TargetSector PerformC$62.00 ➝ C$65.00
9/20/2024Bank of AmericaSet TargetUnderperformC$60.00
9/10/2024UBS GroupUpgradeStrong Sell
9/5/2024BMO Capital MarketsBoost TargetC$59.00 ➝ C$61.00
8/23/2024National BanksharesBoost TargetSector PerformC$56.00 ➝ C$62.00
8/20/2024ScotiabankBoost TargetSector PerformC$56.00 ➝ C$63.00
8/1/2024National BanksharesBoost TargetSector PerformC$55.00 ➝ C$56.00
8/1/2024Royal Bank of CanadaBoost TargetSector PerformC$61.00 ➝ C$62.00
8/1/2024CIBCBoost TargetNeutralC$57.00 ➝ C$59.00
8/1/2024Raymond JamesBoost TargetOutperformC$59.00 ➝ C$61.00
8/1/2024BMO Capital MarketsBoost TargetC$58.50 ➝ C$59.00
7/25/2024JPMorgan Chase & Co.Boost TargetC$52.00 ➝ C$53.00
5/8/2024Wells Fargo & CompanyBoost TargetC$56.00 ➝ C$59.00
5/2/2024BMO Capital MarketsBoost TargetMarket PerformC$58.00 ➝ C$58.50
5/2/2024CIBCBoost TargetNeutralC$56.00 ➝ C$57.00
4/25/2024Raymond JamesLower TargetC$62.00 ➝ C$59.00
4/22/2024ScotiabankLower TargetSector PerformC$60.00 ➝ C$56.00
4/19/2024CIBCLower TargetNeutralC$59.00 ➝ C$56.00
2/12/2024BMO Capital MarketsLower TargetMarket PerformC$58.50 ➝ C$58.00
1/30/2024National BanksharesBoost TargetSector PerformC$52.00 ➝ C$55.00
1/24/2024CIBCBoost TargetNeutralC$58.00 ➝ C$59.00
1/24/2024ScotiabankBoost TargetSector PerformC$57.00 ➝ C$60.00
1/22/2024JPMorgan Chase & Co.Lower TargetUnderweightC$53.00 ➝ C$50.00
1/16/2024Bank of AmericaBoost TargetC$49.00 ➝ C$50.00
12/12/2023JPMorgan Chase & Co.Lower TargetUnderweightC$54.00 ➝ C$53.00
10/30/2023TD SecuritiesLower TargetBuyC$63.00 ➝ C$61.00
10/19/2023CIBCLower TargetNeutralC$59.00 ➝ C$58.00
10/19/2023National BanksharesLower TargetSector PerformC$57.00 ➝ C$52.00
10/16/2023ScotiabankLower TargetSector PerformC$58.00 ➝ C$57.00
9/18/2023ScotiabankLower TargetOutperformC$60.00 ➝ C$58.00
9/11/2023Royal Bank of CanadaLower TargetSector PerformC$65.00 ➝ C$61.00
9/8/2023BMO Capital MarketsLower TargetMarket PerformC$59.00 ➝ C$58.50
8/24/2023CSFBBoost TargetNeutralC$60.50 ➝ C$61.50
8/24/2023Credit Suisse GroupLower TargetC$61.50 ➝ C$60.50
8/3/2023Raymond JamesLower TargetC$65.00 ➝ C$62.00
8/3/2023BMO Capital MarketsLower TargetC$60.00 ➝ C$59.00
8/3/2023TD SecuritiesLower TargetBuyC$65.00 ➝ C$63.00
7/24/2023CSFBLower TargetNeutralC$62.00 ➝ C$61.50
7/21/2023CIBCLower TargetNeutralC$61.00 ➝ C$59.00
5/19/2023UBS GroupLower TargetC$54.00 ➝ C$53.00
5/5/2023National BanksharesBoost TargetSector PerformC$56.00 ➝ C$57.00
5/4/2023TD SecuritiesBoost TargetBuyC$63.00 ➝ C$66.00
5/4/2023CIBCBoost TargetC$59.00 ➝ C$61.00
5/4/2023Raymond JamesBoost TargetC$58.00 ➝ C$65.00
5/4/2023ScotiabankBoost TargetC$58.00 ➝ C$60.00
5/4/2023Susquehanna BancsharesBoost TargetC$56.00 ➝ C$57.00
4/21/2023CIBCBoost TargetC$57.00 ➝ C$59.00
3/24/2023Bank of AmericaBoost TargetC$51.00 ➝ C$52.00
3/15/2023CSFBBoost TargetC$61.00 ➝ C$62.00
3/6/2023UBS GroupLower TargetC$53.00 ➝ C$51.00
2/13/2023National BanksharesBoost TargetSector PerformC$55.00 ➝ C$56.00
1/27/2023National BanksharesBoost TargetSector PerformC$51.00 ➝ C$55.00
1/26/2023CSFBBoost TargetC$57.00 ➝ C$61.00
1/23/2023ScotiabankBoost TargetC$57.00 ➝ C$58.00
1/10/2023CIBCBoost TargetC$55.00 ➝ C$57.00
12/14/2022Wells Fargo & CompanyUpgradeEqual WeightC$59.00
11/18/2022UBS GroupLower TargetC$53.00 ➝ C$49.00
11/2/2022UBS GroupBoost TargetC$51.00 ➝ C$52.00
10/31/2022TD SecuritiesLower TargetBuyC$65.00 ➝ C$63.00
10/31/2022CIBCBoost TargetNeutralC$54.00 ➝ C$55.00
10/25/2022National BanksharesLower TargetC$60.00 ➝ C$51.00
10/25/2022CSFBLower TargetC$62.00 ➝ C$56.50
10/25/2022Credit Suisse GroupLower TargetC$56.50
10/20/2022JPMorgan Chase & Co.Lower TargetC$64.00 ➝ C$54.00
10/20/2022ScotiabankLower TargetC$63.00 ➝ C$57.00
10/19/2022Raymond JamesUpgradeMarket Perform ➝ BuyC$58.00
10/18/2022CIBCLower TargetC$63.00 ➝ C$54.00
9/20/2022BMO Capital MarketsLower TargetC$62.00 ➝ C$60.00
8/23/2022JPMorgan Chase & Co.Boost TargetC$60.00 ➝ C$64.00
7/22/2022Credit Suisse GroupLower TargetNeutralC$62.00
7/22/2022CSFBLower TargetC$66.00 ➝ C$62.00
7/14/2022JPMorgan Chase & Co.Lower TargetC$62.00 ➝ C$60.00
6/30/2022UBS GroupDowngradeNeutral ➝ SellC$61.00 ➝ C$56.00
6/1/2022Wells Fargo & CompanyDowngradeSell
5/9/2022Veritas Investment ResearchUpgradeReduce ➝ Buy
5/5/2022Raymond JamesSet TargetMarket PerformC$58.00
5/5/2022Royal Bank of CanadaBoost TargetSector PerformC$60.00 ➝ C$65.00
5/5/2022National BanksharesBoost TargetSector PerformC$59.00 ➝ C$60.00
4/21/2022CIBCBoost TargetC$60.00 ➝ C$63.00
4/19/2022ScotiabankBoost TargetC$61.00 ➝ C$63.00
4/13/2022Credit Suisse GroupBoost TargetNeutralC$66.00
4/13/2022CSFBBoost TargetC$63.00 ➝ C$66.00
4/12/2022JPMorgan Chase & Co.Boost TargetC$59.00 ➝ C$63.00
3/15/2022BMO Capital MarketsReiterated RatingHoldC$57.00 ➝ C$60.00
2/14/2022Veritas Investment ResearchDowngradeSellC$57.50
2/14/2022Raymond JamesReiterated RatingMarket PerformC$58.00
2/14/2022CIBCLower TargetNeutralC$61.00 ➝ C$60.00
1/31/2022UBS GroupLower TargetNeutralC$61.00 ➝ C$58.00
1/27/2022Credit Suisse GroupBoost TargetNeutralC$63.00
1/27/2022ScotiabankBoost TargetC$60.00 ➝ C$61.00
1/27/2022CSFBBoost TargetC$60.00 ➝ C$63.00
1/11/2022CIBCBoost TargetC$58.00 ➝ C$61.00
1/7/2022ScotiabankDowngradeOutperform ➝ HoldC$60.00
1/6/2022TD SecuritiesDowngradeAction List Buy ➝ BuyC$64.00 ➝ C$65.00
1/5/2022UBS GroupDowngradeBuy ➝ NeutralC$61.00
12/3/2021Veritas Investment ResearchLower TargetNAC$58.00
12/3/2021JPMorgan Chase & Co.Lower TargetC$59.00 ➝ C$58.00
11/18/2021CSFBBoost TargetC$58.00 ➝ C$60.00
11/1/2021Raymond JamesReiterated RatingMarket PerformC$58.00
11/1/2021TD SecuritiesBoost TargetAction List BuyC$63.00 ➝ C$64.00
11/1/2021Royal Bank of CanadaBoost TargetSector PerformC$59.00 ➝ C$60.00
10/29/2021CIBCReiterated RatingHoldC$57.00
10/21/2021CIBCLower TargetC$59.00 ➝ C$58.00
10/19/2021Wolfe ResearchDowngradeSell
10/8/2021JPMorgan Chase & Co.Reiterated RatingHoldC$60.00 ➝ C$59.00
10/7/2021JPMorgan Chase & Co.Boost TargetNAC$59.00 ➝ C$60.00
9/21/2021BMO Capital MarketsReiterated RatingMarket Perform
9/20/2021BMO Capital MarketsBoost TargetNAC$56.00 ➝ C$58.00
8/19/2021CIBCDowngradeOutperform ➝ Neutral
8/3/2021JPMorgan Chase & Co.Boost TargetNAC$58.00 ➝ C$60.00
7/30/2021National Bank FinancialLower TargetSector Perform ➝ Sector PerformC$60.00 ➝ C$59.00
7/30/2021Raymond JamesReiterated RatingMarket PerformC$58.00
7/30/2021National BanksharesLower TargetSector PerformC$60.00 ➝ C$59.00
7/30/2021CIBCBoost TargetC$58.00 ➝ C$59.00
7/29/2021CIBCReiterated RatingOutperformC$58.00
7/19/2021JPMorgan Chase & Co.Boost TargetNAC$57.00 ➝ C$58.00
7/9/2021ScotiabankLower TargetC$61.00 ➝ C$60.00
6/17/2021Raymond JamesReiterated RatingMarket PerformC$58.00
6/1/2021BMO Capital MarketsLower TargetOutperform ➝ Market PerformC$60.00 ➝ C$57.00
5/6/2021Raymond JamesReiterated RatingMarket PerformC$58.00
5/6/2021Royal Bank of CanadaReiterated RatingSector PerformC$59.00
5/5/2021CIBCReiterated RatingOutperformC$58.00
4/28/2021Raymond JamesDowngradeOutperform ➝ Market PerformC$58.00
3/11/2021JPMorgan Chase & Co.Lower TargetNAC$54.00 ➝ C$53.00
3/5/2021UBS GroupLower TargetC$60.00 ➝ C$57.00
2/17/2021Raymond JamesReiterated RatingOutperformC$58.00
2/17/2021Royal Bank of CanadaLower TargetSector PerformC$59.00
1/27/2021ScotiabankLower TargetC$63.00 ➝ C$61.00
1/5/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$60.00
11/2/2020Raymond JamesSet TargetOutperformC$58.00
10/23/2020CSFBReiterated RatingNeutral
10/16/2020JPMorgan Chase & Co.Boost TargetC$54.00 ➝ C$57.00
9/24/2020Raymond JamesSet TargetOutperformC$58.00
9/21/2020JPMorgan Chase & Co.Lower TargetC$55.00 ➝ C$54.00
7/31/2020Raymond JamesSet TargetOutperformC$58.00
7/31/2020National Bank FinancialBoost TargetSector PerformC$60.00 ➝ C$61.00
7/31/2020BMO Capital MarketsBoost TargetC$56.00 ➝ C$59.00
7/23/2020JPMorgan Chase & Co.Lower TargetC$57.00 ➝ C$55.00
5/7/2020Raymond JamesSet TargetOutperformC$58.00
5/7/2020TD SecuritiesBoost TargetAction List BuyC$62.00 ➝ C$63.00
5/7/2020CIBCBoost TargetC$57.00 ➝ C$58.00
4/23/2020CIBCBoost TargetC$55.00 ➝ C$57.00
4/21/2020JPMorgan Chase & Co.Boost TargetC$55.00 ➝ C$57.00
4/15/2020ScotiabankBoost TargetC$62.00 ➝ C$63.00
(Data available from 4/12/2020 forward)

News Sentiment Rating

0.45 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
9/14/2024
  • 2 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/14/2024
  • 8 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/13/2024
  • 3 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/13/2024
  • 4 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/12/2025
  • 7 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/11/2025
  • 7 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/13/2025
  • 5 very positive mentions
  • 16 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/12/2025

Current Sentiment

  • 5 very positive mentions
  • 16 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Fortis logo
Fortis owns and operates 10 utility transmission and distribution assets in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. ITC operates electric transmission in seven U.S. states, with more than 16,000 miles of high-voltage transmission lines in operation serving a peak load in excess of 23 gigawatts.
Read More

Today's Range

Now: C$64.64
Low: C$63.23
High: C$64.84

50 Day Range

MA: C$63.76
Low: C$61.89
High: C$66.68

52 Week Range

Now: C$64.64
Low: C$51.02
High: C$67.52

Volume

1,630,535 shs

Average Volume

1,776,064 shs

Market Capitalization

C$31.98 billion

P/E Ratio

19.19

Dividend Yield

3.78%

Beta

0.23

Frequently Asked Questions

What sell-side analysts currently cover shares of Fortis?

The following sell-side analysts have issued research reports on Fortis in the last twelve months: Bank of America Co., BMO Capital Markets, CIBC, Jefferies Financial Group Inc., JPMorgan Chase & Co., National Bankshares, Inc., Raymond James, Royal Bank of Canada, Scotiabank, UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for FTS.

What is the current price target for Fortis?

0 Wall Street analysts have set twelve-month price targets for Fortis in the last year. Their average twelve-month price target is C$62.77, suggesting a possible downside of 2.9%. Royal Bank of Canada has the highest price target set, predicting FTS will reach C$69.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of C$53.00 for Fortis in the next year.
View the latest price targets for FTS.

What is the current consensus analyst rating for Fortis?

Fortis currently has 2 sell ratings and 7 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for FTS.

What other companies compete with Fortis?

Other companies that are similar to Fortis include Hydro One, Emera, Crius Energy Unt, Caribbean Utilities and Brookfield Infrastructure Partners. Learn More about companies similar to Fortis.

How do I contact Fortis' investor relations team?

Fortis' physical mailing address is 5 Fortis Place Suite 1100, Stn a PO Box 8837, ST. JOHNS, NL A1B 3T2, Canada. The company's listed phone number is +1-709-7372800. The official website for Fortis is www.fortisinc.com. Learn More about contacing Fortis investor relations.