Fortive Corporation – Consensus ‘buy’ rating and 8.4% Upside Potential

Broker Ratings
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Fortive Corporation which can be found using ticker (FTV) have now 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $96.00 and $67.00 with the average target price sitting at $80.53. Given that the stocks previous close was at $74.32 this would imply there is now a potential upside of 8.4%. There is a 50 day moving average of $70.50 and the 200 day moving average is $71.31. The company has a market capitalization of 25.91B. The current share price for the company is: $73.74 USD

The potential market cap would be $28,080,113,986 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 31.65, revenue per share of $17.03 and a 4.5% return on assets.

Fortive Corporation is a provider of essential technologies for connected workflow solutions across a range of end-markets. Its segments include Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment offers advanced instrumentation, software, and services, such as electrical test and measurement, facility, and asset lifecycle software applications, connected worker safety and compliance solutions across a range of vertical end markets, such as manufacturing, and communications and electronics. The Precision Technologies segment offers electrical test and measurement, sensing and material technologies offered across a range of vertical end markets, such as automotive and medical equipment. The Advanced Healthcare Solutions segment offers instrument sterilization solutions, instrument tracking, cell therapy equipment design and manufacturing, biomedical test tools, radiation detection and safety monitoring.

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