Altagas Declares Sep 13 Dividend of $0.13 (ALA)
Altagas (TSE:ALA) announced a sep 13 dividend on Tuesday, September 10th, ARN reports. Shareholders of record on Wednesday, September 25th will be paid a dividend of $0.1275 per share on Tuesday, October 15th. The ex-dividend date is Monday, September 23rd.
Several analysts have recently commented on the stock. Analysts at National Bank Financial raised their price target on shares of Altagas (TSE:ALA) from C$40.00 to C$41.00 in a research note to investors on Friday, August 2nd. They now have an “outperform” rating on the stock. On the ratings front, analysts at RBC Capital cut their price target on shares of Altagas (TSE:ALA) from C$39.00 to C$38.00 in a research note to investors on Friday, July 19th. Finally, analysts at RBC Capital downgraded shares of Altagas (TSE:ALA) from an “outperform” rating to a “sector perform” rating in a research note to investors on Thursday, July 18th.
One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Altagas presently has an average rating of “Buy” and a consensus target price of C$39.50.
Shares of Altagas (TSE:ALA) opened at 35.23 on Tuesday. Altagas has a 52 week low of $31.11 and a 52 week high of $40.80. The stock has a 50-day moving average of $36.13 and a 200-day moving average of $36.75. The company has a market cap of $4.171 billion and a P/E ratio of 32.82.
AltaGas Ltd. (TSE:ALA) is a diversified energy infrastructure business with a focus on natural gas, power and regulated utilities.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.