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AltaGas - ALA Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$38.10
  • Forecasted Upside: 9.08%
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
C$34.93 As of 11/21/2024 11:31 AM ET
▲ +0.27 (0.78%)

This chart shows the closing price for ALA by one month, three months, or twelve months.

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Analyst Price Target for ALA

Analyst Price Target is C$38.10
▲ +9.08% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for AltaGas in the last 3 months. The average price target is C$38.10, with a high forecast of C$40.00 and a low forecast of C$34.00. The average price target represents a 9.08% upside from the last price of C$34.93.

This chart shows the closing price for ALA for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 10 investment analysts is to moderate buy stock in AltaGas. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
5/31/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/29/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/27/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/25/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/25/2024
  • 0 strong buy ratings
  • 10 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/23/2024
  • 0 strong buy ratings
  • 10 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/22/2024
  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/24/2024ScotiabankBoost TargetOutperformC$38.00 ➝ C$39.00
10/23/2024JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralC$36.00 ➝ C$37.00
10/3/2024Royal Bank of CanadaBoost TargetOutperformC$37.00 ➝ C$40.00
9/30/2024Jefferies Financial GroupBoost TargetBuyC$37.00 ➝ C$39.00
9/24/2024ATB CapitalSet TargetOutperformC$36.00
9/5/2024BMO Capital MarketsBoost TargetC$37.00 ➝ C$40.00
8/23/2024National BanksharesBoost TargetOutperformC$36.00 ➝ C$39.00
8/20/2024ScotiabankBoost TargetOutperformC$36.00 ➝ C$38.00
8/2/2024ScotiabankBoost TargetOutperformC$35.00 ➝ C$36.00
8/2/2024Raymond JamesBoost TargetOutperformC$35.00 ➝ C$37.00
8/2/2024Royal Bank of CanadaBoost TargetOutperformC$34.00 ➝ C$37.00
8/2/2024National BanksharesBoost TargetOutperformC$35.00 ➝ C$36.00
7/29/2024Jefferies Financial GroupBoost TargetBuyC$34.00 ➝ C$37.00
7/19/2024JPMorgan Chase & Co.Boost TargetC$33.00 ➝ C$36.00
7/15/2024CIBCBoost TargetC$38.00 ➝ C$40.00
5/31/2024CIBCBoost TargetOutperformC$36.00 ➝ C$38.00
5/31/2024Raymond JamesBoost TargetOutperformC$34.00 ➝ C$35.00
5/30/2024ATB CapitalBoost TargetOutperformC$35.00 ➝ C$36.00
5/30/2024BMO Capital MarketsBoost TargetOutperformC$36.00 ➝ C$37.00
5/30/2024National BanksharesBoost TargetOutperformC$33.00 ➝ C$35.00
5/3/2024ScotiabankBoost TargetOutperformC$33.00 ➝ C$35.00
5/3/2024Royal Bank of CanadaBoost TargetOutperformC$32.00 ➝ C$34.00
3/11/2024TD SecuritiesBoost TargetBuyC$32.00 ➝ C$34.00
2/27/2024Jefferies Financial GroupSet TargetBuyC$34.00
1/30/2024National BanksharesBoost TargetOutperformC$31.00 ➝ C$33.00
1/24/2024ScotiabankBoost TargetOutperformC$31.00 ➝ C$33.00
12/29/2023CIBCBoost TargetOutperformC$34.00 ➝ C$36.00
12/4/2023JPMorgan Chase & Co.Lower TargetOverweightC$33.00 ➝ C$32.00
10/19/2023National BanksharesLower TargetOutperformC$32.00 ➝ C$31.00
10/17/2023JPMorgan Chase & Co.Boost TargetC$31.00 ➝ C$33.00
9/18/2023ScotiabankSet TargetOutperformC$31.00
9/8/2023BMO Capital MarketsSet TargetOutperformC$36.00
9/1/2023Royal Bank of CanadaBoost TargetOutperformC$31.00 ➝ C$32.00
9/1/2023National BanksharesBoost TargetOutperformC$32.00 ➝ C$33.00
9/1/2023ATB CapitalBoost TargetC$34.00 ➝ C$35.00
7/31/2023Royal Bank of CanadaBoost TargetOutperformC$30.00 ➝ C$31.00
7/31/2023TD SecuritiesLower TargetBuyC$34.00 ➝ C$32.00
5/9/2023CSFBLower TargetC$33.00 ➝ C$32.50
3/29/2023Canaccord Genuity GroupLower TargetC$30.00 ➝ C$28.00
3/6/2023Raymond JamesLower TargetOutperformC$35.50 ➝ C$35.00
3/3/2023BMO Capital MarketsLower TargetC$36.00 ➝ C$35.00
2/8/2023CSFBBoost TargetC$30.00 ➝ C$33.00
1/23/2023ScotiabankBoost TargetC$30.00 ➝ C$31.00
1/18/2023BarclaysSet TargetOverweightC$29.00
12/6/2022CIBCBoost TargetOutperformC$32.00 ➝ C$34.00
12/6/2022JPMorgan Chase & Co.Lower TargetC$30.00 ➝ C$28.00
10/31/2022BMO Capital MarketsLower TargetC$37.00 ➝ C$36.00
10/31/2022Canaccord Genuity GroupLower TargetC$32.00 ➝ C$31.00
10/31/2022Royal Bank of CanadaLower TargetOutperformC$34.00 ➝ C$30.00
10/31/2022ScotiabankLower TargetC$31.00 ➝ C$30.00
10/25/2022CSFBUpgradeNeutral ➝ OutperformC$32.50 ➝ C$30.00
10/25/2022Credit Suisse GroupReiterated RatingNeutralC$32.50
10/24/2022JPMorgan Chase & Co.Lower TargetC$35.00 ➝ C$30.00
10/20/2022National BanksharesLower TargetC$33.00 ➝ C$30.00
10/20/2022ScotiabankLower TargetC$34.00 ➝ C$31.00
10/11/2022CIBCLower TargetC$33.00 ➝ C$32.00
8/26/2022CSFBDowngradeOutperform ➝ Neutral
8/26/2022Credit Suisse GroupDowngradeNeutralC$32.50
7/29/2022ScotiabankBoost TargetC$32.00 ➝ C$33.00
7/22/2022Credit Suisse GroupLower TargetC$35.00 ➝ C$32.50
7/22/2022Haywood SecuritiesLower TargetUnderperformC$32.50
7/22/2022CSFBLower TargetC$35.00 ➝ C$32.50
7/21/2022CIBCLower TargetC$34.00 ➝ C$32.00
7/6/2022Raymond JamesBoost TargetOutperformC$34.50 ➝ C$35.50
7/6/2022BMO Capital MarketsBoost TargetC$36.00 ➝ C$37.00
5/30/2022ScotiabankBoost TargetC$33.00 ➝ C$34.00
5/27/2022Canaccord Genuity GroupBoost TargetC$35.00 ➝ C$36.00
5/27/2022Royal Bank of CanadaBoost TargetOutperformC$33.00 ➝ C$34.00
5/27/2022TD SecuritiesBoost TargetBuyC$33.00 ➝ C$34.00
5/27/2022Raymond JamesBoost TargetOutperformC$32.00 ➝ C$34.50
5/27/2022National BanksharesBoost TargetOutperformC$32.00 ➝ C$33.00
5/27/2022ATB CapitalBoost TargetOutperformC$34.00 ➝ C$35.00
4/29/2022Royal Bank of CanadaBoost TargetOutperformC$31.00 ➝ C$33.00
4/29/2022TD SecuritiesBoost TargetBuyC$32.00 ➝ C$33.00
4/29/2022National BanksharesBoost TargetOutperformC$31.00 ➝ C$32.00
4/29/2022Raymond JamesSet TargetOutperformC$32.00
4/21/2022CIBCBoost TargetOutperformC$33.00 ➝ C$34.00
4/19/2022JPMorgan Chase & Co.Boost TargetC$31.00 ➝ C$34.00
4/19/2022ScotiabankBoost TargetC$31.00 ➝ C$33.00
4/11/2022Credit Suisse GroupBoost TargetOutperformC$35.00
4/11/2022CSFBBoost TargetC$31.00 ➝ C$35.00
3/7/2022TD SecuritiesBoost TargetBuyC$30.00 ➝ C$32.00
3/7/2022Raymond JamesSet TargetOutperformC$32.00
3/7/2022ATB CapitalBoost TargetOutperformC$30.00 ➝ C$32.00
3/7/2022CIBCLower TargetOutperformC$34.00 ➝ C$33.00
1/27/2022ScotiabankBoost TargetC$30.00 ➝ C$31.00
1/11/2022CIBCBoost TargetC$30.00 ➝ C$34.00
1/6/2022TD SecuritiesBoost TargetBuyC$29.00 ➝ C$30.00
1/4/2022Royal Bank of CanadaReiterated RatingOutperformC$31.00
12/17/2021JPMorgan Chase & Co.Boost TargetOverweightC$30.00 ➝ C$31.00
12/17/2021Raymond JamesReiterated RatingOutperformC$32.00
12/16/2021CIBCBoost TargetOutperformC$29.00 ➝ C$30.00
12/16/2021ScotiabankBoost TargetC$29.00 ➝ C$30.00
11/23/2021JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightC$30.00
10/29/2021Raymond JamesReiterated RatingOUTPERFORM
10/28/2021CIBCReiterated RatingOutperformC$29.00
9/21/2021BMO Capital MarketsReiterated RatingOutperform
9/20/2021BMO Capital MarketsBoost TargetNAC$29.00 ➝ C$30.50
8/20/2021JPMorgan Chase & Co.Boost TargetNAC$26.00 ➝ C$28.00
7/30/2021National Bank FinancialBoost TargetOutperformC$29.00
7/30/2021Raymond JamesBoost TargetOutperformC$32.00
7/30/2021National BanksharesBoost TargetOutperformC$26.00 ➝ C$29.00
7/30/2021CIBCBoost TargetC$28.00 ➝ C$29.00
7/29/2021CIBCReiterated RatingOutperform
7/14/2021Raymond JamesBoost TargetOutperformC$24.50 ➝ C$32.00
7/6/2021TD SecuritiesBoost TargetBuyC$25.00 ➝ C$29.00
6/22/2021ScotiabankBoost TargetC$25.00 ➝ C$29.00
6/18/2021CIBCBoost TargetOutperformC$26.00 ➝ C$28.00
6/18/2021Royal Bank of CanadaBoost TargetOutperformC$26.00 ➝ C$31.00
6/17/2021Credit Suisse GroupBoost TargetOutperformC$29.00
6/17/2021CSFBBoost TargetC$27.00 ➝ C$29.00
5/19/2021JPMorgan Chase & Co.Boost TargetNAC$23.00 ➝ C$24.00
5/3/2021National Bank FinancialBoost TargetOutperformC$26.00
5/2/2021National BanksharesBoost TargetOutperformC$25.00 ➝ C$26.00
5/2/2021Royal Bank of CanadaBoost TargetOutperformC$22.00 ➝ C$26.00
5/2/2021Raymond JamesBoost TargetOutperformC$24.00 ➝ C$24.50
4/30/2021Credit Suisse GroupBoost TargetC$25.00 ➝ C$27.00
4/30/2021TD SecuritiesBoost TargetBuyC$22.00 ➝ C$25.00
4/30/2021Atlantic SecuritiesBoost TargetC$24.00 ➝ C$25.00
4/30/2021BMO Capital MarketsBoost TargetC$24.00 ➝ C$27.00
4/30/2021CSFBBoost TargetC$25.00 ➝ C$27.00
4/26/2021National Bank FinancialBoost TargetOutperformC$25.00
4/26/2021ScotiabankBoost TargetC$24.00 ➝ C$25.00
4/26/2021National BanksharesBoost TargetOutperformC$24.00 ➝ C$25.00
4/26/2021Raymond JamesBoost TargetOutperformC$22.50 ➝ C$24.00
4/26/2021CIBCBoost TargetOutperformC$25.00 ➝ C$26.00
4/26/2021Royal Bank of CanadaReiterated RatingOutperformC$22.00
4/20/2021CIBCBoost TargetOutperformC$24.00 ➝ C$25.00
3/17/2021Atlantic SecuritiesBoost TargetNAC$22.00 ➝ C$24.00
3/17/2021ATB CapitalBoost TargetOutperformC$24.00
3/1/2021Raymond JamesBoost TargetOutperformC$22.50
3/1/2021Royal Bank of CanadaBoost TargetOutperformC$21.00 ➝ C$22.00
2/3/2021Credit Suisse GroupBoost TargetOutperformC$25.00
2/3/2021CSFBBoost TargetC$24.00 ➝ C$25.00
1/27/2021ScotiabankBoost TargetC$22.00 ➝ C$24.00
1/13/2021CIBCBoost TargetOutperformC$22.00 ➝ C$24.00
12/21/2020ATB CapitalReiterated RatingOutperformC$22.00
12/20/2020Atb Cap MarketsReiterated RatingOutperform
12/15/2020National Bank FinancialBoost TargetOutperformC$21.00 ➝ C$22.00
12/11/2020BMO Capital MarketsBoost TargetC$23.00 ➝ C$24.00
12/11/2020ScotiabankBoost TargetC$20.00 ➝ C$22.00
12/11/2020TD SecuritiesBoost TargetBuyC$20.00 ➝ C$22.00
12/11/2020Raymond JamesSet TargetOutperformC$22.50
12/11/2020CIBCBoost TargetOutperformC$21.00 ➝ C$22.00
12/10/2020Credit Suisse GroupBoost TargetC$20.00 ➝ C$24.00
12/10/2020CSFBBoost TargetC$20.00 ➝ C$24.00
10/30/2020Raymond JamesSet TargetOutperformC$22.50
10/30/2020CormarkBoost TargetC$19.00 ➝ C$22.00
10/25/2020National Bank FinancialBoost TargetOutperformC$20.00 ➝ C$21.00
10/19/2020Credit Suisse GroupUpgradeNeutral ➝ OutperformC$18.00 ➝ C$20.00
10/19/2020TD SecuritiesBoost TargetBuyC$19.00 ➝ C$20.00
10/19/2020Raymond JamesBoost TargetOutperformC$22.00 ➝ C$22.50
10/19/2020CormarkBoost TargetC$18.00 ➝ C$19.00
10/19/2020BMO Capital MarketsBoost TargetC$21.00 ➝ C$23.00
10/19/2020CIBCBoost TargetC$20.00 ➝ C$21.00
10/19/2020CSFBUpgradeNeutral ➝ OutperformC$18.00 ➝ C$20.00
10/19/2020National Bank FinancialBoost TargetOutperformC$20.00 ➝ C$21.00
10/14/2020Credit Suisse GroupReiterated RatingNeutralC$18.00
10/14/2020CSFBSet TargetNeutralC$18.00
8/4/2020Raymond JamesSet TargetOutperformC$22.00
7/31/2020Beacon SecuritiesReiterated RatingBuy
7/31/2020National Bank FinancialBoost TargetOutperformC$19.00 ➝ C$20.00
7/29/2020Credit Suisse GroupBoost TargetC$17.00 ➝ C$18.00
7/29/2020Raymond JamesSet TargetOutperformC$22.00
7/29/2020CSFBBoost TargetC$17.00 ➝ C$18.00
7/9/2020Raymond JamesUpgradeMarket Perform ➝ OutperformC$21.00 ➝ C$22.00
6/18/2020CIBCBoost TargetC$19.00 ➝ C$20.00
6/17/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$19.00 ➝ C$21.00
5/1/2020Raymond JamesSet TargetMarket PerformC$21.00
5/1/2020TD SecuritiesBoost TargetBuyC$18.00 ➝ C$19.00
5/1/2020National Bank FinancialBoost TargetOutperformC$17.00 ➝ C$19.00
5/1/2020Royal Bank of CanadaBoost TargetSector PerformC$13.00 ➝ C$19.00
4/16/2020Credit Suisse GroupReiterated RatingNeutralC$17.00
4/16/2020CSFBSet TargetNeutralC$17.00
4/15/2020ScotiabankDowngradeOutperform ➝ Sector PerformC$22.00 ➝ C$20.00
3/23/2020National Bank FinancialLower TargetOutperformC$26.00 ➝ C$17.00
3/18/2020CIBCLower TargetC$23.00 ➝ C$19.00
3/3/2020Raymond JamesReiterated RatingMarket PerformC$21.00
3/2/2020National Bank FinancialBoost TargetOutperformC$25.00 ➝ C$26.00
3/2/2020TD SecuritiesBoost TargetC$23.00 ➝ C$24.00
2/7/2020ScotiabankBoost TargetC$21.00 ➝ C$22.00
1/29/2020National Bank FinancialUpgradeSector Perform ➝ OutperformC$22.00 ➝ C$25.00
1/15/2020CIBCBoost TargetC$22.00 ➝ C$23.00
12/18/2019National Bank FinancialBoost TargetSector PerformC$21.00 ➝ C$22.00
12/18/2019CIBCBoost TargetC$21.00 ➝ C$22.00
12/18/2019JPMorgan Chase & Co.Boost TargetC$21.00 ➝ C$22.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.46 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024
  • 7 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 8 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 10 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 3 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 1 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 5 very positive mentions
  • 8 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024

Current Sentiment

  • 5 very positive mentions
  • 8 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

AltaGas logo
AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.6 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering, processing, and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 508 megawatt of power in California. It serves residential, commercial, and industrial customers. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.
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Today's Range

Now: C$34.93
Low: C$34.61
High: C$34.95

50 Day Range

MA: C$34.05
Low: C$32.81
High: C$35.70

52 Week Range

Now: C$34.93
Low: C$26.58
High: C$35.77

Volume

20,274 shs

Average Volume

874,617 shs

Market Capitalization

C$10.39 billion

P/E Ratio

24.09

Dividend Yield

3.51%

Beta

1.23

Frequently Asked Questions

What sell-side analysts currently cover shares of AltaGas?

The following Wall Street analysts have issued research reports on AltaGas in the last year: ATB Capital, BMO Capital Markets, CIBC, Jefferies Financial Group Inc., JPMorgan Chase & Co., National Bankshares, Inc., Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for ALA.

What is the current price target for AltaGas?

0 Wall Street analysts have set twelve-month price targets for AltaGas in the last year. Their average twelve-month price target is C$38.10, suggesting a possible upside of 9.1%. BMO Capital Markets has the highest price target set, predicting ALA will reach C$40.00 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of C$34.00 for AltaGas in the next year.
View the latest price targets for ALA.

What is the current consensus analyst rating for AltaGas?

AltaGas currently has 1 hold rating and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for ALA.

What other companies compete with AltaGas?

Other companies that are similar to AltaGas include Pembina Pipeline, Keyera, Topaz Energy, Gibson Energy and Kinder Morgan Canada Limited (KML.TO). Learn More about companies similar to AltaGas.

How do I contact AltaGas' investor relations team?

AltaGas' physical mailing address is 1700-355 4 Ave SW, CALGARY, AB T2P 0J1, Canada. The company's listed phone number is +1-403-6917575. The official website for AltaGas is www.altagas.ca. Learn More about contacing AltaGas investor relations.