TSX:FTSElectric Utilities
Is It Time To Reassess Fortis (TSX:FTS) After Its Multi Year Share Price Rally
Wondering if Fortis is still fairly priced after a solid run, or if the current share price gives you enough upside for the risk you are taking?
At a last close of C$77.68, Fortis has posted returns of 0.2% over 7 days, 0.1% over 30 days, 9.0% year to date, 18.7% over 1 year, 43.8% over 3 years and 71.2% over 5 years. This recent price action gives useful context before talking about value.
Recent coverage of Fortis has focused on its role within the utilities sector, including how investors...