Fortinet, Inc. – Consensus ‘buy’ rating and 9.5% Upside Potential

Broker Ratings

Fortinet, Inc. with ticker code (FTNT) have now 31 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 90 and 63 and has a mean target at $73.90. Now with the previous closing price of $67.50 and the analysts are correct then there would likely be a percentage uptick in value of 9.5%. Also worth taking note is the 50 day moving average now sits at $64.09 and the 200 day moving average is $55.51. The market capitalization for the company is 53.21B. The current stock price for Microsoft Corporation is currently 67.77 USD

The potential market cap would be $58,258,088,907 based on the market consensus.

USD

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 56.01, revenue per share of 6.01 and a 10.89% return on assets.

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