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Bullboard - Stock Discussion Forum AltaGas Ltd T.ALA.PR.B


Primary Symbol: T.ALA Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | 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 > Jefferies Initiate Coverage
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Post by retiredcf on Feb 27, 2024 11:20am

Jefferies Initiate Coverage

Equity analysts at Jefferies initiated coverage of a group of Canadian energy companies on Tuesday.

The firm gave “buy” recommendations to these stocks:

  • AltaGas Ltd.  with a $34 target. Average: $32.86.
  • ARC Resources Ltd. with a $28 target. The average on the Street is $26.59.
  • Crescent Point Energy Corp. with a $12 target. Average: $12.96.
  • Enbridge Inc. with a $53 target. Average: $53.39.
  • Gibson Energy Inc. with a $25 target. Average: $24.88.
  • Keyera Corp. with a $38 target. Average: $36.21.
  • NuVista Energy Ltd. with a $13 target. Average: $14.89.
  • Paramount Resources Ltd. with a $33 target. Average: $35.11.
  • Pembina Pipeline Corp. with a $52 target. Average: $52.73.
  • Topaz Energy Corp. with a $23 target. Average: $26.54.
  • Tourmaline Oil Corp. with a $70 target. Average: $77.97.
  • Whitecap Resources Inc. with an $11 target. Average: $12.67.

These companies received “hold” recommendations:

  • MEG Energy Corp. with a $28 target. Average: $29.96.
  • Strathcona Resources Ltd. with a $26 target. Average: $31.50.
  • TC Energy Corp. with a $57 target. Average: $55.03.
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