AltaGas Ltd. (OTCMKTS:ATGFF) Given Consensus Recommendation of “Buy” by Analysts

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

Several research firms have recently commented on ATGFF. TD Securities reissued a “buy” rating on shares of AltaGas in a report on Friday, July 31st. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of AltaGas in a report on Friday, July 31st. BMO Capital Markets reaffirmed an “outperform” rating on shares of AltaGas in a research report on Friday, July 31st. Royal Bank Of Canada reiterated an “outperform” rating on shares of AltaGas in a research note on Friday, July 31st. Finally, Scotiabank reissued an “outperform” rating on shares of AltaGas in a research report on Tuesday, July 21st.

AltaGas Stock Performance

ATGFF stock opened at $39.02 on Thursday. The business has a 50 day moving average price of $38.52 and a two-hundred day moving average price of $37.32. AltaGas has a twelve month low of $28.13 and a twelve month high of $40.62.

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.