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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 > ATB
View:
Post by retiredcf on May 30, 2024 8:03am

ATB

In response to a positive final investment decision for its Ridley Island Energy Export Facility joint-venture project, ATB Capital Markets’ Nate Heywood bumped his AltaGas Ltd.  target to $36 from $35 with an “outperform” rating. The average is $34.18.

“The announcement is well aligned with the Company’s telegraphed strategy and the accretive investment multiple highlights the unique positioning to access advantaged markets,” he said.

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