AltaGas Ltd. (OTCMKTS:ATGFF) Given Average Rating of “Buy” by Analysts

Shares of AltaGas Ltd. (OTCMKTS:ATGFFGet Rating) have been given a consensus recommendation of “Buy” by the nine research firms that are currently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a buy rating. The average 12 month target price among brokerages that have covered the stock in the last year is $31.13.

ATGFF has been the subject of several research reports. CIBC increased their price objective on AltaGas from C$30.00 to C$34.00 in a research report on Tuesday, January 11th. National Bank Financial increased their price objective on AltaGas from C$29.00 to C$31.00 in a research report on Wednesday, January 26th. Scotiabank increased their price objective on AltaGas from C$31.00 to C$33.00 in a research report on Tuesday. Finally, TD Securities raised their target price on AltaGas from C$30.00 to C$32.00 in a research report on Monday, March 7th.

Shares of ATGFF stock opened at $23.88 on Friday. AltaGas has a 12 month low of $17.00 and a 12 month high of $24.83. The business’s 50 day moving average is $22.59 and its two-hundred day moving average is $21.29.

About AltaGas (Get Rating)

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.7 million customers.

Read More

Analyst Recommendations for AltaGas (OTCMKTS:ATGFF)

Receive News & Ratings for AltaGas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AltaGas and related companies with MarketBeat.com's FREE daily email newsletter.