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Bullboard - Stock Discussion Forum AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States... see more

TSX:ALA - Post Discussion

AltaGas Ltd > Finaly recognized by many analysts and the list is longer ..
View:
Post by bossu on Apr 26, 2021 10:30am

Finaly recognized by many analysts and the list is longer ..

-Analyst Elias Foscolos --»$ 25,50
- Raymond James’ David Quezada to $24 from $22.50 -
-
CIBC World Markets’ Robert Catellier to $26 from $25 with an “outperformer” rating.
-
Scotia Capital’s Robert Hope to $25 from $24 with a “sector outperform” rating.
-
National Bank Financial’s Patrick Kenny to $25 from $24 with an “outperform” rating.


Last week BNN mentioned by Andrew Bell at commodities after contacting Beacon securities
The day before 
By Credit Suisse last Friday
And so on and on so on.
Cannot be better positive notes on the Ala performance in a so short period of time.
Comment by marketsense on Apr 26, 2021 10:47am
Of course they all show up now that all the heavy lifting has been done.   Where were they when this story was already developing over the last year.   Asset sales,  debt reduction, increasing eps,  strategic acquisitions,  were all underway when the stock was in the low  teens but no recognition then. lol.    Only one analyst that I remember got in early ...more  
Comment by Capharnaum on Apr 26, 2021 12:30pm
That's analysts in a nutshell: late to the parade! Now that Altagas has some steam and keeps getting things done, they are getting back on the train.
Comment by Johnwith30years on Apr 26, 2021 12:40pm
Yes  I see a cycle  whereby analysts as a group tend to overly enthusiastic followed by  over pessimism followed by cautious optimism  and then a few short quarters where things might be in balance followed by wild enthusiasm again until they are proven to hav ebeen again way to optomistic. Unless ther eis a possible split of the company   I think if analysts start ...more