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This summary was created by AI, based on 22 opinions in the last 12 months.

Altagas Ltd (ALA-T) has garnered positive reviews from multiple experts, highlighting its robust growth potential in the utilities and midstream sectors. Analysts believe that the demand for natural gas, especially in relation to A.I. and data centers, will continue to rise, underpinning Altagas's earnings growth. The company is known for its reliable dividend yield of around 3.6%, which is expected to grow steadily, making it appealing to both income and growth-focused investors. Despite a recent upward trajectory in its stock price, experts suggest that there remains room for further appreciation, with price targets generally hovering in the mid to upper $30s. Altagas has shown resilience amid potential economic volatility and the implementation of tariffs, further solidifying its position as a solid investment choice for long-term holders.

Consensus
Buy
Valuation
Fair Value
TOP PICK

Place to hide that's somewhat immune from tariffs. High growth in both utilities and midstream. Q4 announced the next wave of growth projects to the end of the decade. Increased propane sales, expansion of the North. Decent yield of 3.2%, grows 5% a year.

Stock's had a move, but still a discounted valuation at under 14x. 

(Analysts’ price target is $39.50)
HOLD

Problem with the chart is that it's arcing up, making a sharp angle up. Sharp angles up almost always correct, by a little bit or a lot. The trend's been in place long enough that it will probably correct just to the trendline, around $35 or so. As long as it didn't crack $35, he'd continue to own.

TOP PICK

A place to hide, even if tariffs go on. Great growth in utilities and mid-stream. Increased dividend. Outlook for nat gas is very strong. Earnings come out around March 7. Growing about 11%, trades at 12x. A 10% tariff would impact sentiment across the board, but not its business as much. Yield is 3.6%.

(Analysts’ price target is $38.44)
TOP PICK

Excellent opportunity for rising gas prices. Believes demand for transition fuel will continue to rise. A.I. demands for power generation will increase natural gas demand. A.I. data centers requiring more power than can be provided. Excellent dividend yield with new projects on the West Cost. Good for long term investors. 

TOP PICK

Shares have nearly tripled from their bottom a few years ago. Their cross-border exposure benefit further from the strong USD and is often reflected in their strong Q3s and Q4s. He expects outperformance on currency alone as they advance their midstream projects on the west coast.

(Analysts’ price target is $38.78)
WEAK BUY

We're all trying to figure out which stocks tariffs will either impact or leave unscathed. There's a thirst for natural gas, and we need to get it offshore as part of the bridge to totally clean energy. Q3 beat. Midstream continues very robust, pricing tailwinds. Trades ~15x for 8% growth. Nice dividend.

Lower-hanging fruit is gone, but it still works from here so you can buy it. GEI is a better choice now.

WEAK BUY

Has been cheap relative to growth rate for several years. If the company executes well and interest rates fall, this can get to his target of $39. Just reported, outlook was as expected. New products coming online in 2026 & 2027. Nice dividend, probably growing at 6% for 2025, and 5% thereafter. Trades at 13.4x, reasonable growth rate ~7%.

Still likes it, though GEI may look better right now on price to growth.

BUY

Really likes it as a mid-streamer and for its natural gas distribution. Nat gas distribution in the US is its growth engine. Extremely well managed. Dividend can grow annually. Good infrastructure asset. Solid growth.

PAST TOP PICK
(A Top Pick Jun 24/24, Up 17%)

(Note the short timeframe.)
Still likes it. One of his largest positions.

PAST TOP PICK
(A Top Pick Nov 03/23, Up 27%)

Picked for natural gas tailwinds with cheap share price. Good midstream business with global exports. Excellent value in the share price - at the time. Still priced fairly. Expecting earnings, cash flow and dividend to continue growing. A good company to continue to hold/ 

BUY ON WEAKNESS

They're not that tied to the oil price, because they're more into natural gas and a midstream segment. This has pulled back with most utilities, due to interest rates and general profit taking. A well-run company that pays a good dividend. Not a bad name in utilities.

BUY

Trend is going in the correction direction. Would recommend investing. Ok place to be adding.  

PAST TOP PICK
(A Top Pick Aug 16/23, Up 43%)

He still likes it for the strengthening balance sheet and utility growth. It is a good infrastructure play and is still cheaper than its peers.

BUY

A good play, done very well. No reason not to own. Good future, especially with extra takeaway capacity coming online. Infrastructure opportunities in Western Canada are superb.

Instead, he owns PPL and ENB, mainly because of the higher dividend yields.

PAST TOP PICK
(A Top Pick Aug 16/23, Up 35%)

Growth starting to slow a bit, but still near 7.5%; when you combine that with the dividend, still makes sense on a PEG of ~1. Trades at 13x 2026, cheaper than most peers. GEI starting to bite its heels, but still works.

Showing 1 to 15 of 631 entries

Altagas Ltd(ALA-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 18

Total Signals / Votes : 20

Stockchase rating for Altagas Ltd is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Altagas Ltd(ALA-T) Frequently Asked Questions

What is Altagas Ltd stock symbol?

Altagas Ltd is a Canadian stock, trading under the symbol ALA-T on the Toronto Stock Exchange (ALA-CT). It is usually referred to as TSX:ALA or ALA-T

Is Altagas Ltd a buy or a sell?

In the last year, 20 stock analysts published opinions about ALA-T. 1 analyst recommended to BUY the stock. 18 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Altagas Ltd.

Is Altagas Ltd a good investment or a top pick?

Altagas Ltd was recommended as a Top Pick by on . Read the latest stock experts ratings for Altagas Ltd.

Why is Altagas Ltd stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Altagas Ltd worth watching?

20 stock analysts on Stockchase covered Altagas Ltd In the last year. It is a trending stock that is worth watching.

What is Altagas Ltd stock price?

On 2025-03-28, Altagas Ltd (ALA-T) stock closed at a price of $38.99.