Altagas Ltd (TSE:ALA) had its price objective hoisted by Raymond James Financial Inc. from C$31.00 to C$32.00 in a report issued on Wednesday morning.
Several other analysts have also recently weighed in on the stock. TD Securities restated a buy rating and set a C$35.00 price objective on shares of Altagas in a research report on Tuesday, June 28th. BMO Capital Markets lifted their target price on shares of Altagas from C$34.00 to C$35.00 in a research report on Thursday, July 7th. National Bank Financial raised their price target on shares of Altagas from C$34.00 to C$35.00 in a report on Monday, July 18th. FirstEnergy Capital reissued an outperform rating on shares of Altagas in a report on Tuesday, July 12th. Finally, Royal Bank Of Canada raised their price target on shares of Altagas from C$33.00 to C$34.00 and gave the stock a sector perform rating in a report on Friday, July 22nd. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of C$35.00.
Shares of Altagas (TSE:ALA) opened at 33.22 on Wednesday. The company has a market capitalization of $5.44 billion and a PE ratio of 131.83. Altagas has a 12-month low of $27.25 and a 12-month high of $35.70. The stock has a 50 day moving average of $33.58 and a 200-day moving average of $32.08.