Fortis Inc is among the group of overvalued stocks on the Toronto Stock Exchange. This means the consensus value for each stock on this list is below its current price.
This report is generated monthly. It provides the close price and target price for these companies along with the number of analysts covering the stock. Also included is the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year. Stocks in this category are generally sold to preserve capital.
There may be a number of reasons why a company would be on this list. Companies with a large analyst following with a difference in price versus target are worth exploring in more detail.
| Symbol | Name | Target Year | Close Price | Target Price Mean | Currency | Target Price # Estimates |
|---|---|---|---|---|---|---|
| BMO | Bank of Montreal | 2025 | 139.73 | 134.375 | CAD | 8 |
| CM | Canadian Imperial Bank of Commerce | 2025 | 93.54 | 93 | CAD | 8 |
| SLF | Sun Life Financial Inc | 2025 | 87.98 | 87 | CAD | 7 |
| CCO | Cameco Corp | 2025 | 85.74 | 84.625 | CAD | 8 |
| FTS | Fortis Inc | 2025 | 62.99 | 62.5714 | CAD | 7 |
| H | Hydro One Ltd | 2025 | 46.7 | 44.5714 | CAD | 7 |
| MRU | Metro Inc | 2025 | 93.54 | 91.2857 | CAD | 7 |
| EMA | Emera Inc | 2025 | 55.68 | 55.1429 | CAD | 7 |
| IAG | iA Financial Corp Inc | 2025 | 136.17 | 134.4286 | CAD | 7 |
| KEY | Keyera Corp | 2025 | 46.18 | 44.7143 | CAD | 7 |
| CPX | Capital Power Corp | 2025 | 65.57 | 59.2857 | CAD | 7 |
| CTC | Canadian Tire Corp Ltd | 2025 | 222.75 | 166.25 | CAD | 8 |
| SOBO | South Bow Corp | 2025 | 35.7 | 34.123 | CAD | 7 |
| TA | TransAlta Corp | 2025 | 17.94 | 16.625 | CAD | 8 |
| CWB | Canadian Western Bank | 2025 | 58.75 | 57.5833 | CAD | 6 |
| CIX | CI Financial Corp | 2025 | 31.03 | 28.75 | CAD | 4 |
| AIF | Altus Group Ltd | 2025 | 59.2 | 58.4286 | CAD | 7 |
| TVK | TerraVest Industries Inc | 2025 | 118.95 | 109.6667 | CAD | 3 |
| SIL | SilverCrest Metals Inc | 2025 | 14.93 | 14.3 | CAD | 5 |
| LB | Laurentian Bank of Canada | 2025 | 29.02 | 27.5714 | CAD | 7 |
| VBNK | VersaBank | 2025 | 25.29 | 20 | CAD | 1 |
| PZA | Pizza Pizza Royalty Corp | 2025 | 13.35 | 13 | CAD | 1 |
| DLCG | Dominion Lending Centres Inc | 2025 | 7.75 | 6.375 | CAD | 2 |
| Y | Yellow Pages Ltd | 2025 | 11.7 | 10.5 | CAD | 1 |
| AKT-B | Akita Drilling Ltd | 2025 | 4.55 | 2.75 | CAD | 1 |
All data provided as of December 06, 2024.
More about Fortis Inc
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
Fortis Inc is listed under FTS on the Toronto Stock Exchange.
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Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
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