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Fortis Inc. (FTS) Gets a Buy Rating from BMO Capital


The Utilities sector company, Fortis Inc. (TSX: FTS), has received a rating update from a Wall Street analyst on September 11. Analyst Benjamin Pham from BMO Capital rated Fortis Inc. (TSX: FTS) a Buy on September 11, setting a C$48 price target.

Pham has an average return of 10.9% when recommending Fortis Inc..

According to TipRanks.com, Pham is ranked #624 out of 4872 analysts.

The the analyst consensus on Fortis Inc. is currently a Hold rating.

The company has a one-year high of C$48.73 and a one-year low of C$39.38. Currently, Fortis Inc. has an average volume of 819.1K.

Fortis, Inc. is an international electric and gas utility holding company. It operates through the following business segments: Regulated Utilities-United States, Regulated Utilities-Canadian, Regulated Utilities-Caribbean, Non-Regulated-Energy Infrastructure, and Corporate & Other.

The company’s shares closed on Thursday at C$42.45.