Analyst Price Target is C$14.19
▲ +10.30% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for TransAlta Renewables in the last 3 months. The average price target is C$14.19, with a high forecast of C$17.00 and a low forecast of C$12.50. The average price target represents a 10.30% upside from the last price of C$12.86.
Current Consensus is
The current consensus among 9 contributing investment analysts is to hold stock in TransAlta Renewables. This Hold consensus rating has held steady for over two years.
TransAlta Renewables Inc. owns, develops, and operates renewable and natural gas power generation facilities and other infrastructure assets in Canada, the United States, and Australia. The company operates through Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas segments. Its portfolio of assets comprises 50 renewable power generation facilities, including wind, hydro, and gas. The company was incorporated in 2013 and is headquartered in Calgary, Canada. TransAlta Renewables Inc. operates as a subsidiary of TransAlta Corporation.