Barclays analyst Julian Mitchell maintained a Buy rating on Fortive Corp (FTV) on June 3 and set a price target of $85. The company’s shares opened today at $78.93.
According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 12.2% and a 75.3% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Gates Industrial Corp Plc, and Emerson Electric Company.
Currently, the analyst consensus on Fortive Corp is a Hold with an average price target of $79.33.
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The company has a one-year high of $89.48 and a one-year low of $62.89. Currently, Fortive Corp has an average volume of 1.4M.
Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is negative on the stock.
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Fortive Corp. is a diversified industrial growth company, which designs, develops, manufactures, and markets professional and engineered products, software, and services for a variety of end markets. It operates through the following two segments: Professional Instrumentation and Industrial Technologies.
