Altagas Ltd (TSE:ALA) insider Kent Eugene Stout sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, May 8th. The shares were sold at an average price of C$31.60, for a total value of C$31,600.00.

Kent Eugene Stout also recently made the following trade(s):

  • On Tuesday, May 2nd, Kent Eugene Stout sold 1,000 shares of Altagas stock. The shares were sold at an average price of C$30.50, for a total value of C$30,500.00.

Altagas Ltd (TSE:ALA) traded down 1.30% during mid-day trading on Tuesday, hitting $31.24. The stock had a trading volume of 323,995 shares. Altagas Ltd has a 1-year low of $29.08 and a 1-year high of $35.55. The stock has a market cap of $5.30 billion and a PE ratio of 38.52. The firm’s 50-day moving average price is $30.96 and its 200-day moving average price is $32.01.

Insider Buying and Selling by Quarter for Altagas (TSE:ALA)

COPYRIGHT VIOLATION NOTICE: “Kent Eugene Stout Sells 1,000 Shares of Altagas Ltd (ALA) Stock” was first posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/05/09/kent-eugene-stout-sells-1000-shares-of-altagas-ltd-ala-stock.html.

A number of research analysts have weighed in on ALA shares. Royal Bank of Canada restated a “sector perform” rating and issued a C$35.00 price target on shares of Altagas in a research note on Monday, March 20th. Scotiabank upgraded Altagas from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$35.00 to C$36.00 in a research note on Monday, February 6th. Raymond James Financial, Inc. restated a “market perform” rating and issued a C$34.00 price target on shares of Altagas in a research note on Tuesday, January 24th. AltaCorp Capital restated a “sector perform” rating on shares of Altagas in a research note on Friday, February 3rd. Finally, CIBC raised their price target on Altagas from C$37.00 to C$39.00 in a research note on Monday, February 6th. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Altagas has a consensus rating of “Buy” and an average target price of C$35.89.

About Altagas

AltaGas Ltd is a Canada-based energy infrastructure company. The Company operates through three segments: Gas, Power and Utilities. The Gas segment transacts approximately two billion cubic feet per day (Bcf/d) of natural gas and includes natural gas gathering and processing, natural gas liquids extraction and separation, transmission, storage and natural gas marketing, as well as its interest in Petrogas Energy Corp.

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