AltaGas Ltd. (OTCMKTS:ATGFF) Given Consensus Rating of “Buy” by Brokerages

AltaGas Ltd. (OTCMKTS:ATGFF) has been given a consensus rating of “Buy” by the six research firms that are currently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a buy recommendation.

Several equities research analysts recently commented on ATGFF shares. TD Securities reissued a “buy” rating on shares of AltaGas in a report on Friday, May 1st. Scotiabank reissued an “outperform” rating on shares of AltaGas in a report on Friday, May 1st. BMO Capital Markets reissued an “outperform” rating on shares of AltaGas in a report on Friday, May 1st. Royal Bank Of Canada reissued an “outperform” rating on shares of AltaGas in a report on Friday, May 1st. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of AltaGas in a report on Tuesday, May 26th.

AltaGas Price Performance

OTCMKTS:ATGFF opened at $37.57 on Friday. The company has a 50 day moving average price of $37.91 and a 200-day moving average price of $34.09. AltaGas has a 1-year low of $27.32 and a 1-year high of $40.17.

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.