AltaGas Canada (OTCMKTS:AGAAF) Lowered to “Neutral” at CIBC

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AltaGas Canada (OTCMKTS:AGAAF) was downgraded by equities researchers at CIBC from an “outperform” rating to a “neutral” rating in a research report issued on Friday, The Fly reports.

AltaGas Canada Company Profile

AltaGas Canada Inc, a natural gas distribution utility company, provides rate-regulated utility services in northern British Columbia. It operates in Renewable Energy and Utilities segments. The company also holds interest in the Bear Mountain Wind Park, a 102 MW generating wind facility consisting of 34 turbines, a substation, and transmission and collector lines; and the northwest hydro facilities located in Tahltan first nation territory of Vancouver, British Columbia.

See Also: Capital Gains Distribution

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