AltaGas (ALA) – Research Analysts’ Recent Ratings Changes

AltaGas (TSE: ALA) recently received a number of ratings updates from brokerages and research firms:

• 12/23/2025 – AltaGas had its price target raised by analysts at ATB Capital from C$48.00 to C$49.00. They now have an “outperform” rating on the stock.
• 12/17/2025 – AltaGas had its price target raised by analysts at CIBC from C$47.00 to C$50.00.
• 12/17/2025 – AltaGas had its price target raised by analysts at National Bankshares, Inc. from C$46.00 to C$50.00. They now have an “outperform” rating on the stock.
• 12/16/2025 – AltaGas had its price target raised by analysts at Scotiabank from C$48.00 to C$50.00.
• 12/3/2025 – AltaGas had its price target raised by analysts at JPMorgan Chase & Co. from C$45.00 to C$47.00.
• 10/31/2025 – AltaGas had its price target raised by analysts at CIBC from C$46.00 to C$47.00.
• 10/31/2025 – AltaGas had its price target raised by analysts at Royal Bank Of Canada from C$44.00 to C$48.00.
• 10/29/2025 – AltaGas had its price target raised by analysts at Jefferies Financial Group Inc. from C$47.00 to C$48.00. They now have a “buy” rating on the stock.

AltaGas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st will be given a dividend of $0.315 per share. The ex-dividend date is Tuesday, December 16th. This represents a $1.26 dividend on an annualized basis and a yield of 3.0%. AltaGas’s dividend payout ratio is presently 49.90%.

AltaGas Ltd owns and operates a diversified basket of energy infrastructure businesses. Business is conducted through four segments: Midstream, power, utilities and corporate. Utility business owns and operates rate-regulated natural gas distribution assets across North America. Midstream business subsequent to the sale of non-core midstream assets in Canada and also engaged in the natural gas liquid processing and extraction, transportation, and storage. Natural gas is sold and purchased for both commercial and industrial users.