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

Shares of AltaGas Ltd. (OTCMKTS:ATGFF) have received an average recommendation of “Buy” from the six analysts that are covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a buy rating.

A number of research analysts recently commented on the stock. Scotiabank reaffirmed 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 report on Friday, May 1st. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of AltaGas in a report on Tuesday, May 26th. Royal Bank Of Canada restated an “outperform” rating on shares of AltaGas in a report on Friday, May 1st. Finally, BMO Capital Markets restated an “outperform” rating on shares of AltaGas in a report on Friday, May 1st.

AltaGas Price Performance

ATGFF stock opened at $38.20 on Friday. AltaGas has a fifty-two week low of $27.32 and a fifty-two week high of $40.17. The firm has a fifty day moving average price of $38.06 and a 200 day moving average price of $34.26.

About AltaGas

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.