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

AltaGas Ltd. (OTCMKTS:ATGFF) has been given an average rating of “Buy” by the six research firms that are currently covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a buy rating.

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

AltaGas Trading Up 0.7%

Shares of OTCMKTS ATGFF opened at $38.30 on Friday. AltaGas has a twelve month low of $28.13 and a twelve month high of $40.62. The stock has a 50 day moving average of $38.59 and a two-hundred day moving average of $36.43.

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.