Oppenheimer analyst Jim Giannakouros maintained a Hold rating on Fortive Corp (NYSE: FTV) today. The company’s shares opened today at $74.96.
According to TipRanks.com, Giannakouros is a 4-star analyst with an average return of 6.3% and a 58.2% success rate. Giannakouros covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and Carlisle Companies Inc.
Fortive Corp has an analyst consensus of Hold, with a price target consensus of $79.25.
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Fortive Corp’s market cap is currently $25.89B and has a P/E ratio of 23.95. The company has a Price to Book ratio of 6.38.
Based on the recent corporate insider activity of 36 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 Professional Instrumentation and Industrial Technologies sgements.
