JPMorgan Chase & Co. Begins Coverage on Altagas (ATGFF)

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Equities researchers at JPMorgan Chase & Co. initiated coverage on shares of Altagas (OTCMKTS:ATGFF) in a report released on Wednesday, The Fly reports. The firm set a “neutral” rating on the stock.

Several other research firms have also issued reports on ATGFF. National Bank Financial reissued a “hold” rating on shares of Altagas in a research report on Friday, December 14th. CIBC reissued a “hold” rating on shares of Altagas in a research report on Thursday, December 13th. Raymond James reissued a “sell” rating on shares of Altagas in a research report on Wednesday, October 31st. Desjardins reissued a “buy” rating on shares of Altagas in a research report on Monday. Finally, TD Securities reissued a “buy” rating on shares of Altagas in a research report on Tuesday, November 13th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Altagas currently has an average rating of “Hold”.

Shares of ATGFF opened at $10.29 on Wednesday. Altagas has a 52 week low of $9.79 and a 52 week high of $23.60.

About Altagas

AltaGas Ltd. operates as a diversified energy infrastructure company in North America. It operates through three segments: Gas, Power, and Utilities. The Gas segment engages in natural gas gathering and processing; natural gas liquids (NGL) extraction and separation, transmission, and storage; and natural gas and NGL marketing activities, as well as buying and selling natural gas.

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