Fortive Corporation Share Price Target ‘$83.39’, now 14.6% Upside Potential

Broker Ratings
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Fortive Corporation with ticker code (FTV) now have 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $93.00 and $67.00 and has a mean share price target at $83.39. (at the time of writing). Given that the stocks previous close was at $72.78 and the analysts are correct then we can expect a percentage increase in value of 14.6%. The day 50 moving average is $72.35 and the 200 day MA is $75.95. The market cap for the company is 25.40B. The stock price is currently at: $72.50 USD

The potential market cap would be $29,102,623,859 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 29.12, revenue per share of $17.51 and a 4.42% 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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