AltaGas Canada Inc (ACI) has received a rating update from a Wall Street analyst on January 4. TD Securities’ analyst Linda Ezergailis downgraded ACI to Hold on January 4 , with a C$16.50 price target.
Ezergailis has an average return of 13.1% when recommending AltaGas Canada Inc.
According to TipRanks.com, Ezergailis is ranked #4350 out of 5116 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AltaGas Canada Inc with a C$17.17 average price target.
AltaGas Canada Inc’s market cap is currently C$483M and has a P/E ratio of 6.7. The company has a Price to Book ratio of 0.60.
AltaGas Canada, Inc. engages in the distribution of natural gas. It operates through the following segments: Utilities, Renewable Energy, and Corporate. The Utilities segment comprises natural gas distribution rate regulated utilities. The Renewable Energy segment manages Mountain Wind Park and river hydroelectric power generation assets.
The company’s shares closed on Friday at C$16.10.
