# Fortive Corporation – Consensus ‘buy’ rating and 15.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/fortive-corporation-consensus-buy-rating-and-15.9-upside-potential/4121133012
- Published: 2023-11-16T14:11:43+00:00
- Author: Charlotte Edwards

**Fortive Corporation** with ticker code (FTV) now have 16 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 $90.00 and $66.00 with the average
target price sitting at $77.56. Now with the previous closing price of $66.94 and
the analysts are correct then there would likely be a percentage uptick in value
of 15.9%. Also worth taking note is the 50 day moving average now sits at $71.74
and the 200 day moving average is $70.39. The market capitalization for the company
is 23.70B. The stock price for the company is currently is currently $67.44 USD

 The potential market cap would be $27,460,815,943 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 28.94, 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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