Fortive Corp (FTV) Gets a Buy Rating from SunTrust Robinson

By Austin Angelo

SunTrust Robinson analyst Charles Brady maintained a Buy rating on Fortive Corp (NYSE: FTV) today and set a price target of $85. The company’s shares opened today at $73.85.

According to TipRanks.com, Brady is a 4-star analyst with an average return of 6.7% and a 52.9% success rate. Brady covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings Inc, Carlisle Companies Inc, and Sun Hydraulics Corp.

Fortive Corp has an analyst consensus of Moderate Buy, with a price target consensus of $89.40.

See today’s analyst top recommended stocks >>

Fortive Corp’s market cap is currently $25.5B and has a P/E ratio of 22.27. The company has a Price to Book ratio of 4.53.

Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Fortive Corp. is a diversified industrial growth company, which designs, develops, manufactures, and markets professional and engineered products, software, and services for a variety of end markets. It operates through Professional Instrumentation and Industrial Technologies sgements.