# Fortive Corporation – Consensus ‘buy’ rating and 12.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/fortive-corporation-consensus-buy-rating-and-12.1-upside-potential/4121135217
- Published: 2023-12-05T12:38:33+00:00
- Author: Charlotte Edwards

**Fortive Corporation** with ticker code (FTV) now have 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 $90.00 and $66.00 calculating
the average target price we see $77.71. Now with the previous closing price of $
69.30 this now indicates there is a potential upside of 12.1%. The 50 day moving
average now sits at $69.78 and the 200 moving average now moves to $70.36. The company
has a market cap of 24.44B. The current share price for the company is: $69.53 USD

 The potential market cap would be $27,400,573,020 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 29.84, 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.

Share on: