JPMorgan Chase & Co. Lowers AltaGas (OTCMKTS:ATGFF) to Neutral

AltaGas (OTCMKTS:ATGFF) was downgraded by equities research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued to investors on Wednesday, MarketBeat reports.

AltaGas Price Performance

Shares of OTCMKTS ATGFF opened at $24.44 on Wednesday. The business’s 50 day moving average is $25.11 and its two-hundred day moving average is $23.39. AltaGas has a 1-year low of $17.84 and a 1-year high of $26.06.

About AltaGas

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.