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

AltaGas Ltd. (OTCMKTS:ATGFF) has earned an average recommendation of “Buy” from the six analysts that are covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy rating.

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

AltaGas Stock Down 1.2%

Shares of AltaGas stock opened at $39.00 on Wednesday. AltaGas has a 1 year low of $27.32 and a 1 year high of $40.17. The stock has a fifty day moving average price of $38.60 and a 200-day moving average price of $35.28.

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.