Altagas (ATGFF) Downgraded to “Hold” at Industrial Alliance Securities
Altagas (OTCMKTS:ATGFF) was downgraded by research analysts at Industrial Alliance Securities to a “hold” rating in a research note issued to investors on Saturday.
Several other brokerages have also weighed in on ATGFF. National Bank Financial reiterated a “hold” rating on shares of Altagas in a report on Wednesday, October 31st. Desjardins upgraded shares of Altagas to a “buy” rating in a report on Wednesday, October 31st. TD Securities reissued a “buy” rating on shares of Altagas in a research report on Sunday, October 28th. Scotiabank reissued a “buy” rating on shares of Altagas in a research report on Friday. Finally, Raymond James raised shares of Altagas to a “hold” rating in a research report on Friday. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold”.
Shares of ATGFF stock opened at $10.85 on Friday. Altagas has a 1-year low of $9.79 and a 1-year high of $23.60.
AltaGas Ltd. operates as a diversified energy infrastructure company in North America. It operates through three segments: Gas, Power, and Utilities. The Gas segment engages in natural gas gathering and processing; natural gas liquids (NGL) extraction and separation, transmission, and storage; and natural gas and NGL marketing activities, as well as buying and selling natural gas.
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