Altagas Ltd

ALA-T

TSE:ALA

14.25
0.33 (2.37%)
AltaGas is a North American energy infrastructure company based in Calgary, Alberta. The company operates in three business segments: gas, power generation, and utilities. The company is in the process of acquiring WGL Holdings.
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Analysis and Opinions about ALA-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
April 6, 2020
It is the most miss-priced security in the portfolio. 70% of it is US utilities. They had a favourable impact from currency in this. It has about a 7% yield. (Analysts’ price target is $18.43)
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Altagas Ltd (ALA-T)
April 6, 2020
It is the most miss-priced security in the portfolio. 70% of it is US utilities. They had a favourable impact from currency in this. It has about a 7% yield. (Analysts’ price target is $18.43)
HOLD
HOLD
March 27, 2020
He thinks they have continued to maintain and deliver cash flow while paying a strong dividend. You are getting paid to wait.
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Altagas Ltd (ALA-T)
March 27, 2020
He thinks they have continued to maintain and deliver cash flow while paying a strong dividend. You are getting paid to wait.
HOLD
HOLD
March 13, 2020
All the midstream companies were hit hard yesterday -- down almost 20%. She does not own it, but would recommend continuing to hold it as the yield is attractive.
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Altagas Ltd (ALA-T)
March 13, 2020
All the midstream companies were hit hard yesterday -- down almost 20%. She does not own it, but would recommend continuing to hold it as the yield is attractive.
TOP PICK
TOP PICK
March 4, 2020
He liked this more when it was $20.55. It trades at 3/4s of the valuation of their utility peers. They expect an 8-10% growth in the rate payer base. You want to own regulated utilities going forward. They are likely to increase the dividend again next year. Yield 4.43% (Analysts’ price target is $23.14)
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Altagas Ltd (ALA-T)
March 4, 2020
He liked this more when it was $20.55. It trades at 3/4s of the valuation of their utility peers. They expect an 8-10% growth in the rate payer base. You want to own regulated utilities going forward. They are likely to increase the dividend again next year. Yield 4.43% (Analysts’ price target is $23.14)
HOLD
HOLD
February 28, 2020
Gas companies and commodity companies have been hated. This stock looks healthy form a technical perspective. It had a long base and then it broke out. Now it looks like it's testing that level. It probably has limited down side risk.
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Altagas Ltd (ALA-T)
February 28, 2020
Gas companies and commodity companies have been hated. This stock looks healthy form a technical perspective. It had a long base and then it broke out. Now it looks like it's testing that level. It probably has limited down side risk.
HOLD
HOLD
February 20, 2020

A hold at current prices. Purchase of Washington Electric is working out pretty well. A more defensive company now. There are better names out there. He owns ENB and TRP. (Analysts’ price target is $23.14)

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Altagas Ltd (ALA-T)
February 20, 2020

A hold at current prices. Purchase of Washington Electric is working out pretty well. A more defensive company now. There are better names out there. He owns ENB and TRP. (Analysts’ price target is $23.14)

DON'T BUY
DON'T BUY
February 12, 2020

If it's not a leader in the group, he won't buy it. He'd rather buy Pembina.

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Altagas Ltd (ALA-T)
February 12, 2020

If it's not a leader in the group, he won't buy it. He'd rather buy Pembina.

DON'T BUY
DON'T BUY
February 10, 2020
It has had a bit of a rough ride. They pre-funded a deal across the border with debt and then it was delayed for a number of quarters. They had to sell down some quality assets.
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Altagas Ltd (ALA-T)
February 10, 2020
It has had a bit of a rough ride. They pre-funded a deal across the border with debt and then it was delayed for a number of quarters. They had to sell down some quality assets.
DON'T BUY
DON'T BUY
January 28, 2020
They got into trouble with a major US acquisition some years ago, but that was a buying opportunity to pick up their spin-out, Altagas Canada. Now, ALA is paying down debts by selling assets, so that checks off that box. They're a utility, mid-stream, a little of everything. That said, there are better opportunities elsewhere.
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Altagas Ltd (ALA-T)
January 28, 2020
They got into trouble with a major US acquisition some years ago, but that was a buying opportunity to pick up their spin-out, Altagas Canada. Now, ALA is paying down debts by selling assets, so that checks off that box. They're a utility, mid-stream, a little of everything. That said, there are better opportunities elsewhere.
DON'T BUY
DON'T BUY
January 9, 2020
Starting to recover under new management. Dividend is safe, only because it was slashed earlier. Not much growth. Better ideas in energy. Lots of leverage. Valuation not compelling. What you're seeing is the dead cat bounce.
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Altagas Ltd (ALA-T)
January 9, 2020
Starting to recover under new management. Dividend is safe, only because it was slashed earlier. Not much growth. Better ideas in energy. Lots of leverage. Valuation not compelling. What you're seeing is the dead cat bounce.
TOP PICK
TOP PICK
January 6, 2020
2020 sets up really well for this company. They sold a lot of assets and paid down a lot of debt. They have acquired a utility business in Washington in which they have not filed the rate cases yet. They will have lower interest payments and a propane export terminal that started in the middle of last year. (Analysts’ price target is $22.36)
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Altagas Ltd (ALA-T)
January 6, 2020
2020 sets up really well for this company. They sold a lot of assets and paid down a lot of debt. They have acquired a utility business in Washington in which they have not filed the rate cases yet. They will have lower interest payments and a propane export terminal that started in the middle of last year. (Analysts’ price target is $22.36)
HOLD
HOLD
January 3, 2020
They had become over leveraged in Canada. The fall from $30 has yet to recover. Permian production in the US could fall, but it is not enough to drive natural gas prices to drive back to $4 per mcf. This is a hold right here.
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Altagas Ltd (ALA-T)
January 3, 2020
They had become over leveraged in Canada. The fall from $30 has yet to recover. Permian production in the US could fall, but it is not enough to drive natural gas prices to drive back to $4 per mcf. This is a hold right here.
DON'T BUY
DON'T BUY
November 20, 2019
There has been a great run in defensive assets. He thinks the outlook forward for utilities is muddied. Investors will not look to this space when the economy accelerates. He would not be a buyer here.
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Altagas Ltd (ALA-T)
November 20, 2019
There has been a great run in defensive assets. He thinks the outlook forward for utilities is muddied. Investors will not look to this space when the economy accelerates. He would not be a buyer here.
BUY
BUY
November 18, 2019
It's now breaking a long-term downtrend and now starting an uptrend. He likes the chart. Good, strong dividend. As long as it doesn't break the recent low around $17, this will do well. He likes the chart.
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Altagas Ltd (ALA-T)
November 18, 2019
It's now breaking a long-term downtrend and now starting an uptrend. He likes the chart. Good, strong dividend. As long as it doesn't break the recent low around $17, this will do well. He likes the chart.
PARTIAL SELL
PARTIAL SELL
November 12, 2019
Start selling it off gradually. ALA may go higher, but take profits a bit.
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Altagas Ltd (ALA-T)
November 12, 2019
Start selling it off gradually. ALA may go higher, but take profits a bit.
Showing 1 to 15 of 542 entries

Altagas Ltd(ALA-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 12

Neutral - Hold Signals / Votes : 10

Bearish - Sell Signals / Votes : 10

Total Signals / Votes : 32

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, 32 stock analysts published opinions about ALA-T. 12 analysts recommended to BUY the stock. 10 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 Ryan Bushell on 2020-04-06. 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?

32 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 2020-04-08, Altagas Ltd (ALA-T) stock closed at a price of $14.25.