Altagas Ltd (TSE:ALA) Director David Wallace Cornhill sold 4,000 shares of Altagas stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of C$29.01, for a total value of C$116,040.00.

David Wallace Cornhill also recently made the following trade(s):

  • On Monday, October 30th, David Wallace Cornhill sold 2,000 shares of Altagas stock. The stock was sold at an average price of C$29.20, for a total value of C$58,400.00.

Shares of Altagas Ltd (TSE ALA) traded down C$0.03 during trading on Wednesday, reaching C$29.06. The company’s stock had a trading volume of 343,454 shares, compared to its average volume of 587,372. Altagas Ltd has a 1-year low of C$26.87 and a 1-year high of C$35.15.

A number of research firms recently weighed in on ALA. Raymond James Financial dropped their target price on Altagas from C$32.00 to C$30.00 and set a “market perform” rating for the company in a research report on Monday, October 23rd. Beacon Securities restated a “buy” rating on shares of Altagas in a research report on Thursday, September 21st. Scotiabank dropped their target price on Altagas from C$36.00 to C$34.00 and set an “outperform” rating for the company in a research report on Friday, October 20th. CIBC dropped their target price on Altagas from C$38.00 to C$35.00 in a research report on Friday, October 20th. Finally, BMO Capital Markets restated a “market perform” rating and issued a C$32.00 target price on shares of Altagas in a research report on Friday, October 20th. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Altagas currently has a consensus rating of “Buy” and an average price target of C$33.75.

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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.

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

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