Latest news with #MauriceChoy
Globe and Mail
30-04-2025
- Business
- Globe and Mail
RBC Capital Remains a Hold on Fortis (FTS)
In a report released on April 27, Maurice Choy from RBC Capital maintained a Hold rating on Fortis (FTS – Research Report), with a price target of C$69.00. The company's shares closed yesterday at $48.63. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Choy covers the Utilities sector, focusing on stocks such as Brookfield Infrastructure, Fortis, and TransAlta. According to TipRanks, Choy has an average return of 7.7% and a 59.50% success rate on recommended stocks. In addition to RBC Capital, Fortis also received a Hold from Jefferies's Julien Dumoulin Smith in a report issued on April 14. However, on April 11, J.P. Morgan maintained a Sell rating on Fortis (NYSE: FTS). FTS market cap is currently $24.33B and has a P/E ratio of 20.52. Based on the recent corporate insider activity of 88 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FTS in relation to earlier this year.
Globe and Mail
27-04-2025
- Business
- Globe and Mail
Analysts Are Bullish on These Utilities Stocks: Brookfield Infrastructure (BIP), Brookfield Renewable Partners (BEP)
There's a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Brookfield Infrastructure (BIP – Research Report) and Brookfield Renewable Partners (BEP – Research Report) with bullish sentiments. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Brookfield Infrastructure (BIP) RBC Capital analyst Maurice Choy maintained a Buy rating on Brookfield Infrastructure on April 24 and set a price target of $40.00. The company's shares closed last Friday at $28.90. According to Choy is a 4-star analyst with an average return of 7.7% and a 59.5% success rate. Choy covers the Utilities sector, focusing on stocks such as TransAlta, Fortis, and Emera. ;'> Currently, the analyst consensus on Brookfield Infrastructure is a Strong Buy with an average price target of $43.00, which is a 48.8% upside from current levels. In a report issued on April 14, TD Securities also maintained a Buy rating on the stock with a $53.00 price target. Brookfield Renewable Partners (BEP) In a report issued on April 24, Nelson Ng from RBC Capital maintained a Buy rating on Brookfield Renewable Partners, with a price target of $31.00. The company's shares closed last Friday at $22.57. According to Ng is ranked #1728 out of 9437 analysts. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Brookfield Renewable Partners with a $30.56 average price target.
