AltaGas Ltd T.ALA

BMO analyst update

[CanSiamCyp]

Highlights From Management Meetings; Target to $29 From $27 (Still Top Idea)
 

Bottom Line:
 

Virtual investor meetings with ALA's CFO James Harbilas confirmed our positive thesis

on the shares. More specifically, we believe the de-leveraging journey remains on

track and there is a visible (yet underappreciated) path to above-average growth in

regulated utility and now also midstream. We are raising our target price to $29 vs. $27

as we gained increased confidence that growth could exceed expectations and with a

potential total return of ~15% including a 3.8% dividend yield, we are maintaining our

Outperform rating and Top Pick designation.

[Pingopallie12]

Finally, been waiting for a while. This is safe 4% div paying monthly which will increase every year and you can expect growth on your investment. Yes there are others FTS and EMA but they don't pay monthly!  Easliy can hold this 10 yrs

[Dragon1]

I've held  for 7-8 yrs on the monthly div basis and the long term.I have not been disappointed and added substantially around 15$.This is a good combination of a utility for div and mid stream gas and export for growth.