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A number of stock research firms have changed their ratings and price targets for Altagas (TSE: ALA) during the last seven days:

  • Altagas is now covered by analysts at GMP Securities. They set a “buy” rating on the stock.
  • Altagas had its price target raised by analysts at BMO Capital Markets from C$46.00 to C$50.00. They now have an “outperform” rating on the stock.
  • Altagas had its price target raised by analysts at RBC Capital from C$44.00 to C$50.00. They now have a “sector perform” rating on the stock.
  • Altagas had its price target raised by analysts at TD Securities from C$47.00 to C$53.00. They now have a “buy” rating on the stock.
  • Altagas had its price target raised by analysts at Scotiabank from C$43.00 to C$47.00. They now have a “sector perform” rating on the stock.
  • Altagas had its price target raised by analysts at National Bank Financial from C$48.00 to C$53.00. They now have an “outperform” rating on the stock.
  • Altagas had its price target raised by analysts at FirstEnergy Capital from C$44.00 to C$50.00. They now have a “market perform” rating on the stock.

Shares of Altagas Ltd (TSE:ALA) traded up 0.53% during mid-day trading on Wednesday, hitting $49.40. 272,707 shares of the company’s stock traded hands. Altagas Ltd has a 52-week low of $34.67 and a 52-week high of $49.89. The stock has a 50-day moving average of $46.24 and a 200-day moving average of $41.92. The company has a market cap of $6.056 billion and a price-to-earnings ratio of 31.50.

AltaGas Ltd. Is a Canada-based diversified energy infrastructure business with a focus on natural gas, power and regulated utilities.

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