# Fortive Corporation – Consensus ‘buy’ rating and 17.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/fortive-corporation-consensus-buy-rating-and-17.9-upside-potential/4121163281
- Published: 2024-07-01T13:38:52+01:00
- Author: Charlotte Edwards

**Fortive Corporation** with ticker code (FTV) have now 16 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $98.00 and $67.00 suggesting an average Analsyt target price
of $86.77. Given that the stocks previous close was at $73.57 this now indicates
there is a potential upside of 17.9%. Also worth taking note is the 50 day moving
average now sits at $75.41 and the 200 day MA is $75.74. The market cap for the 
company is 26.09B. The stock price is currently at: $74.10 USD

 The potential market cap would be $30,765,605,378 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 29.4, revenue per share of $17.41
and a 4.24% 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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