# Fortive Corporation – Consensus ‘buy’ rating and 5.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/fortive-corporation-consensus-buy-rating-and-5.5-upside-potential/4121126325
- Published: 2023-08-30T11:54:21+01:00
- Author: Charlotte Edwards

**Fortive Corporation** which can be found using ticker (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 92 and 67 suggesting
an average Analsyt target price of $81.74. Now with the previous closing price of
$77.51 this would indicate that there is a potential upside of 5.5%. It’s also worth
noting that there is a 50 day moving average of $75.64 and the 200 day MA is $68.70.
The company has a market capitalization of 27.67B. The current share price for the
company is: 78.59 USD

 The potential market cap would be $29,175,375,306 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 35.08, revenue per share of 16.88
and a 4.31% 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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