In a report released yesterday, Julian Mitchell from Barclays maintained a Buy rating on Fortive Corp (FTV), with a price target of $84. The company’s shares closed last Monday at $66.96, close to its 52-week low of $62.89.
According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 10.4% and a 69.8% 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.
Fortive Corp has an analyst consensus of Moderate Buy, with a price target consensus of $84.
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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 1.71M.
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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.
