AltaGas Ltd. (OTCMKTS:ATGFF) Receives Average Rating of “Buy” from Brokerages

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

ATGFF has been the subject of a number of recent research reports. Royal Bank Of Canada restated an “outperform” rating on shares of AltaGas in a research note on Friday, July 31st. Scotiabank reiterated an “outperform” rating on shares of AltaGas in a research note on Tuesday, July 21st. TD Securities reissued a “buy” rating on shares of AltaGas in a report on Friday, July 31st. BMO Capital Markets restated an “outperform” rating on shares of AltaGas in a research report on Friday, July 31st. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of AltaGas in a research report on Friday, July 31st.

AltaGas Stock Up 0.3%

OTCMKTS:ATGFF opened at $38.03 on Friday. The stock has a 50 day moving average of $38.62 and a 200-day moving average of $36.41. AltaGas has a 52 week low of $28.13 and a 52 week high of $40.62.

AltaGas Company Profile

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.