Credit Suisse maintains Fortis Inc at 'neutral' with a price target of Cdn$60.50

  • Investing.com
Credit Suisse maintains Fortis Inc at 'neutral' with a price target of Cdn$60.50

An analyst from Credit Suisse maintained Fortis Inc (TSX: FTS ) at 'neutral' with a price target of Cdn$60.50 from a prior price target of %currency%%price%.

Prior to this rating, Fortis Inc had 5 buy ratings, 7 hold ratings, and 3 sell ratings.

For consensus analyst estimates and price targets on Fortis Inc, click here. For more news on Fortis Inc, click here.

Fortis Inc's stock price closed at $55.30. They are up 3.11% in the last month and down -1.72% in the last 12 months.

According to Investing Pro, Fortis Inc's fair value is $49.71, a downside of 12.02%. Fortis Inc's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out Fortis Inc's recent earnings performance and financials here.

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