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

Shares of AltaGas Ltd. (OTCMKTS:ATGFF) have received a consensus recommendation of “Buy” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation.

ATGFF has been the subject of a number of research reports. Scotiabank reiterated an “outperform” rating on shares of AltaGas in a report on Friday, May 1st. BMO Capital Markets restated an “outperform” rating on shares of AltaGas in a report on Friday, May 1st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of AltaGas in a research report on Friday, May 1st. TD Securities reiterated a “buy” rating on shares of AltaGas in a research note on Friday, May 1st. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of AltaGas in a research note on Tuesday, May 26th.

AltaGas Stock Performance

Shares of OTCMKTS:ATGFF opened at $38.47 on Wednesday. The business has a 50-day moving average of $38.41 and a two-hundred day moving average of $34.99. AltaGas has a 12 month low of $27.32 and a 12 month 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.