# Fortive Corporation – Consensus ‘buy’ rating and 26.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/fortive-corporation-consensus-buy-rating-and-26.9-upside-potential/4121132373
- Published: 2023-11-09T13:55:44+00:00
- Author: Charlotte Edwards

**Fortive Corporation** with ticker code (FTV) now have 16 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between $92.00 and $67.00 calculating the mean
target price we have $82.44. Given that the stocks previous close was at $64.96 
this now indicates there is a potential upside of 26.9%. It’s also worth noting 
that there is a 50 day moving average of $72.96 and the 200 moving average now moves
to $70.41. The company has a market cap of 22.98B. The stock price for the company
is currently is currently $65.40 USD

 The potential market cap would be $29,168,457,836 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 28.07, 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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