AltaGas (OTCMKTS:ATGFF) Given New C$31.00 Price Target at Scotiabank

AltaGas (OTCMKTS:ATGFFGet Rating) had its price target hoisted by Scotiabank from C$30.00 to C$31.00 in a research note published on Monday, The Fly reports.

Several other brokerages have also commented on ATGFF. Credit Suisse Group raised AltaGas from a neutral rating to an outperform rating in a report on Tuesday, October 25th. National Bank Financial cut their price target on shares of AltaGas from C$33.00 to C$30.00 in a report on Thursday, October 20th. BMO Capital Markets decreased their price objective on shares of AltaGas from C$37.00 to C$36.00 in a report on Monday, October 31st. Barclays began coverage on shares of AltaGas in a research note on Wednesday, January 18th. They set an overweight rating for the company. Finally, Canaccord Genuity Group decreased their price target on shares of AltaGas from C$32.00 to C$31.00 and set a buy rating on the stock in a research note on Monday, October 31st.

AltaGas Stock Performance

OTCMKTS:ATGFF opened at $18.30 on Monday. AltaGas has a 52 week low of $16.20 and a 52 week high of $24.83. The stock’s 50-day moving average price is $17.37 and its 200-day moving average price is $19.45.

AltaGas Company Profile

(Get Rating)

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.7 million customers.

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