AltaGas (OTCMKTS:ATGFF) Rating Lowered to Neutral at JPMorgan Chase & Co.

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

AltaGas Stock Down 0.6 %

Shares of ATGFF stock opened at $24.44 on Wednesday. AltaGas has a 12-month low of $17.84 and a 12-month high of $26.06. The stock’s 50-day moving average price is $25.11 and its 200-day moving average price is $23.39.

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.