NYSE:TAC - TransAlta Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $14.25
  • Forecasted Upside: 41.51 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$10.07
▲ +0.17 (1.72%)

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Analyst Price Target for TAC

Analyst Price Target is $14.25
▲ +41.51% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for TransAlta in the last 3 months. The average price target is $14.25, with a high forecast of $18.00 and a low forecast of $12.00. The average price target represents a 41.51% upside from the last price of $10.07.

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

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Current Consensus is Buy

The current consensus among 7 contributing investment analysts is to buy stock in TransAlta. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/4/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/4/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/2/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/31/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/29/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/29/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/28/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/28/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/21/2021CIBCBoost Price TargetOutperformC$13.50 ➝ C$14.50Low
6/1/2021BMO Capital MarketsUpgradeMarket Perform ➝ OutperformHigh
5/25/2021Credit Suisse GroupLower Price TargetOutperformC$18.50 ➝ C$18.00Low
5/14/2021BMO Capital MarketsBoost Price TargetMarket PerformC$11.50 ➝ C$12.00Low
5/14/2021Royal Bank of CanadaBoost Price TargetOutperformC$13.00 ➝ C$14.00Low
4/20/2021CIBCBoost Price TargetOutperform$13.00 ➝ $13.50Low
4/16/2021ScotiabankBoost Price TargetOutperform$13.50 ➝ $14.50Low
3/19/2021Credit Suisse GroupBoost Price TargetOutperform$17.50 ➝ $18.50Low
3/5/2021National Bank FinancialReiterated RatingSector PerformLow
3/4/2021Royal Bank of CanadaBoost Price TargetOutperform$11.00 ➝ $13.00Medium
3/4/2021TD SecuritiesBoost Price TargetBuy$11.00 ➝ $12.50Medium
2/9/2021ScotiabankBoost Price TargetOutperform$12.00 ➝ $13.50Low
1/27/2021National Bank FinancialReiterated RatingSector PerformMedium
1/13/2021CIBCUpgradeNeutral ➝ OutperformMedium
12/24/2020Credit Suisse GroupBoost Price TargetOutperform$12.00 ➝ $16.00N/A
12/7/2020BMO Capital MarketsBoost Price TargetMarket Perform$8.00 ➝ $10.00Low
11/5/2020CIBCBoost Price TargetNeutral$9.50 ➝ $10.00Low
7/21/2020CIBCDowngradeOutperform ➝ NeutralLow
7/6/2020AltaCorp CapitalReiterated RatingOutperform$11.00Medium
5/13/2020Industrial Alliance SecuritiesDowngradeHold$9.00Low
4/26/2020Royal Bank of CanadaReiterated RatingBuy$11.00High
4/8/2020Royal Bank of CanadaReiterated RatingBuy$11.00High
3/20/2020CIBCUpgradeNeutral ➝ Outperform$8.50High
3/13/2020National Bank FinancialUpgradeSector Perform ➝ OutperformHigh
3/5/2020National Bank FinancialReiterated RatingSector Perform OverweightHigh
3/5/2020CIBCReiterated RatingNeutral ➝ Hold$11.00High
2/10/2020Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$13.00Medium
2/9/2020Royal Bank of CanadaInitiated CoverageHold$11.00Medium
2/7/2020ScotiabankReiterated RatingBuyLow
1/30/2020CIBCReiterated RatingHold$10.00Low
1/16/2020Credit Suisse GroupUpgradeNeutral ➝ OutperformHigh
10/23/2019CIBCReiterated RatingHold$9.50Low
9/19/2019Credit Suisse GroupReiterated RatingHold$10.00Low
9/18/2019ScotiabankSet Price TargetBuy$11.00Low
3/26/2019Industrial Alliance SecuritiesUpgradeBuyMedium
3/26/2019TD SecuritiesUpgradeHold ➝ BuyLow
3/18/2019Credit Suisse GroupUpgradeUnderperform ➝ NeutralLow
2/28/2019National Bank FinancialDowngradeOutperform ➝ Sector PerformHigh
1/23/2019National Bank FinancialUpgradeSector Perform ➝ OutperformHigh
5/25/2018TD SecuritiesInitiated CoverageHoldLow
5/4/2018Canaccord GenuityReiterated RatingHold ➝ HoldHigh
2/28/2018ScotiabankUpgradeSector Perform ➝ OutperformHigh
2/13/2017National Bank FinancialDowngradeOutperform ➝ Sector PerformN/A
11/25/2016BMO Capital MarketsSet Price TargetHold$8.00N/A
11/24/2016National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Market WeightN/A
11/7/2016Royal Bank of CanadaUpgradeUnderperform ➝ Sector Perform$6.00N/A
11/7/2016ScotiabankUpgradeUnderperform ➝ Sector PerformN/A
(Data available from 7/28/2016 forward)
TransAlta logo
TransAlta Corp. engages in the generation and distribution of electricity through wind, hydro, gas and coal power plants. It operates through the following business segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind & Solar, Hydro, Energy Marketing and Corporate. The Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, and Hydro segments are responsible for constructing, operating and maintaining its electrical generation. The Energy Marketing segment engages in marketing its production through short-term and long-term contracts. The Corporate segment deals with its central financial, legal, administrative, and investing functions. The company was founded by William Maxwell Aitken in 1909 and is headquartered in Calgary, Canada.
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Today's Range

Now: $10.07
Low: $9.99
High: $10.07

50 Day Range

MA: $9.66
Low: $9.02
High: $10.07

52 Week Range

Now: $10.07
Low: $5.72
High: $10.20

Volume

715 shs

Average Volume

242,142 shs

Market Capitalization

$2.73 billion

P/E Ratio

N/A

Dividend Yield

1.41%

Beta

1.26

Frequently Asked Questions

What sell-side analysts currently cover shares of TransAlta?

The following equities research analysts have issued stock ratings on TransAlta in the last twelve months: BMO Capital Markets, CIBC, Credit Suisse Group AG, National Bank Financial, Royal Bank of Canada, Scotiabank, TD Securities, and Zacks Investment Research.
View the latest analyst ratings for TAC.

What is the current price target for TransAlta?

6 Wall Street analysts have set twelve-month price targets for TransAlta in the last year. Their average twelve-month price target is $14.25, suggesting a possible upside of 41.5%. Credit Suisse Group AG has the highest price target set, predicting TAC will reach $18.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $12.00 for TransAlta in the next year.
View the latest price targets for TAC.

What is the current consensus analyst rating for TransAlta?

TransAlta currently has 1 hold rating and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TAC will outperform the market and that investors should add to their positions of TransAlta.
View the latest ratings for TAC.

What other companies compete with TransAlta?

How do I contact TransAlta's investor relations team?

TransAlta's physical mailing address is 110 12TH AVE SW BOX 1900 STATION M CALGARY ALBERTA, CALGARY A0, T2P2M1. The utilities provider's listed phone number is (403) 267-7110 and its investor relations email address is [email protected] The official website for TransAlta is www.transalta.com.