Fortis Inc (TSE:FTS) insider Nora Duke sold 33,688 shares of the stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of C$46.24, for a total value of C$1,557,733.12.

Fortis Inc (TSE:FTS) traded up 1.33% during midday trading on Thursday, hitting $46.34. The stock had a trading volume of 1,022,209 shares. The company has a market cap of $19.28 billion and a PE ratio of 22.05. Fortis Inc has a 12-month low of $39.58 and a 12-month high of $46.45. The firm has a 50-day moving average of $44.71 and a 200-day moving average of $42.99.

Insider Buying and Selling by Quarter for Fortis (TSE:FTS)

ILLEGAL ACTIVITY WARNING: “Fortis Inc (FTS) Insider Sells C$1,557,733.12 in Stock” was first reported by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another website, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be viewed at https://www.watchlistnews.com/fortis-inc-fts-insider-sells-c1557733-12-in-stock/1385455.html.

A number of brokerages recently commented on FTS. Scotiabank reissued an “outperform” rating and set a C$49.00 price target on shares of Fortis in a research note on Wednesday, May 3rd. CIBC dropped their price target on Fortis from C$48.00 to C$47.00 in a research note on Wednesday, May 3rd. TD Securities reissued a “buy” rating and set a C$48.00 price target on shares of Fortis in a research note on Wednesday, May 3rd. Barclays PLC reissued an “overweight” rating and set a C$48.00 price target on shares of Fortis in a research note on Wednesday, March 29th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a C$44.00 price target on shares of Fortis in a research note on Monday, February 27th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of C$48.10.

About Fortis

Fortis Inc is a Canada-based electric and gas utility holding company. The Company’s segments include Regulated Utilities and Non-Regulated Utilities. The Regulated Utilities segment includes Regulated Electric & Gas Utilities-the United States, which consists of ITC Holdings Corp. (ITC Holdings), UNS Energy Corporation and Central Hudson Gas & Electric Corporation (Central Hudson); Gas & Electric Utilities-Canadian, which consists of FortisAlberta Inc (FortisAlberta), FortisBC Energy Inc (FortisBC Energy), FortisBC Inc (FortisBC Electric) and Newfoundland Power Inc (Newfoundland Power); Electric Utilities-Caribbean, which includes its ownership interest in Caribbean Utilities Company, Ltd., Fortis Turks and Caicos, and its investment in Belize Electricity Limited.

Receive News & Ratings for Fortis Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortis Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.