AltaGas Ltd. (OTCMKTS:ATGFF) Receives Consensus Rating of “Buy” from Brokerages

Shares of AltaGas Ltd. (OTCMKTS:ATGFF – Get Free Report) have earned a consensus recommendation of “Buy” from the six brokerages that are covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a buy recommendation.

ATGFF has been the subject of a number of recent research reports. Scotiabank restated an “outperform” rating on shares of AltaGas in a research note on Friday, May 1st. BMO Capital Markets reiterated an “outperform” rating on shares of AltaGas in a research note on Friday, May 1st. Royal Bank Of Canada reissued an “outperform” rating on shares of AltaGas in a report on Friday, May 1st. TD Securities restated a “buy” rating on shares of AltaGas in a research report on Friday, May 1st. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of AltaGas in a report on Tuesday, May 26th.

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AltaGas Stock Performance

AltaGas stock opened at $39.02 on Wednesday. AltaGas has a one year low of $27.32 and a one year high of $40.17. The stock has a fifty day moving average of $38.53 and a 200 day moving average of $35.16.

About AltaGas

(Get Free Report)

AltaGas Ltd. is a North American energy infrastructure company engaged in the ownership, operation and development of diversified assets across natural gas, natural gas liquids (NGL), electricity and utility businesses. Its midstream operations include gathering, processing, and transporting natural gas, as well as fractionation and storage of NGLs. In the power segment, AltaGas develops and operates natural gas‐fired power plants and small hydroelectric facilities, providing reliable electricity to regional markets.

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