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TransAlta Renewables - RNW Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$12.98
  • Forecasted Upside: ∞
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 7 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
C$0.00 As of 10/11/2023 12:59 AM ET
+0 (0.00%)

This chart shows the closing price for RNW by one month, three months, or twelve months.

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Analyst Price Target for RNW

Analyst Price Target is C$12.98
▲ +∞ Upside Potential
This price target is based on 7 analysts offering 12 month price targets for TransAlta Renewables in the last 3 months. The average price target is C$12.98, with a high forecast of C$13.50 and a low forecast of C$12.50. The average price target represents a ∞ upside from the last price of C$0.00.

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

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Current Consensus is Hold

The current consensus among 7 polled investment analysts is to hold stock in TransAlta Renewables. This Hold 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
  • 0 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
7/24/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
10/22/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
1/20/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
3/20/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
4/19/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/30/2023Royal Bank of CanadaBoost TargetSector PerformC$12.00 ➝ C$13.35
8/8/2023CIBCBoost TargetNeutralC$13.00 ➝ C$13.50
7/12/2023Raymond JamesLower TargetMarket PerformC$15.50 ➝ C$13.00
7/12/2023CSFBDowngradeOutperform ➝ NeutralC$14.50 ➝ C$13.00
7/12/2023ATB CapitalDowngradeSector Perform ➝ TenderC$14.00 ➝ C$13.00
7/6/2023National BanksharesLower TargetC$13.00 ➝ C$12.50
5/16/2023CSFBUpgradeNeutral ➝ Outperform
5/8/2023TD SecuritiesBoost TargetHoldC$12.00 ➝ C$12.50
5/8/2023National BanksharesLower TargetSector PerformC$13.25 ➝ C$13.00
5/8/2023ATB CapitalDowngradeOutperform ➝ Sector PerformC$15.50 ➝ C$14.00
5/7/2023Atb Cap MarketsDowngradeOutperform ➝ Sector Perform
4/19/2023National BanksharesBoost TargetSector PerformC$12.75 ➝ C$13.25
4/12/2023CSFBBoost TargetC$14.00 ➝ C$14.50
3/7/2023National BanksharesLower TargetSector PerformC$14.25 ➝ C$12.75
2/24/2023TD SecuritiesLower TargetHoldC$12.50 ➝ C$12.00
2/24/2023CIBCLower TargetC$13.50 ➝ C$13.00
2/10/2023Raymond JamesLower TargetC$16.50 ➝ C$15.50
2/1/2023CSFBDowngradeOutperform ➝ NeutralC$17.00 ➝ C$14.00
1/17/2023National BanksharesLower TargetSector PerformC$15.50 ➝ C$14.25
1/10/2023CIBCLower TargetC$15.00 ➝ C$13.50
11/28/2022Industrial Alliance SecuritiesReiterated RatingBuyC$17.00
11/7/2022TD SecuritiesLower TargetHoldC$16.50 ➝ C$15.00
11/7/2022Raymond JamesLower TargetMarket PerformC$19.00 ➝ C$18.00
11/7/2022Royal Bank of CanadaLower TargetSector PerformC$20.00 ➝ C$17.00
10/25/2022CSFBUpgradeNeutral ➝ OutperformC$19.50 ➝ C$17.00
10/25/2022Credit Suisse GroupLower TargetSector PerformC$17.00
10/23/2022Atb Cap MarketsUpgradeSector Perform ➝ Outperform
10/20/2022ScotiabankLower TargetC$18.50 ➝ C$17.00
10/18/2022CIBCLower TargetC$19.00 ➝ C$17.00
10/7/2022National BanksharesLower TargetC$19.00 ➝ C$16.50
8/24/2022CSFBBoost TargetC$19.00 ➝ C$19.50
8/24/2022Credit Suisse GroupBoost TargetC$19.50
8/8/2022National BanksharesBoost TargetSector PerformC$18.50 ➝ C$19.00
8/8/2022CIBCBoost TargetC$18.50 ➝ C$19.00
7/21/2022CIBCLower TargetC$19.00 ➝ C$18.50
5/9/2022National BanksharesLower TargetSector PerformC$19.00 ➝ C$18.50
5/5/2022TD SecuritiesBoost TargetHoldC$18.00 ➝ C$18.50
5/5/2022Raymond JamesSet TargetMarket PerformC$19.00
5/5/2022Royal Bank of CanadaLower TargetSector PerformC$21.00 ➝ C$20.00
4/28/2022National BanksharesBoost TargetSector PerformC$18.50 ➝ C$19.00
4/13/2022Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$21.00
3/10/2022Industrial Alliance SecuritiesDowngradeHoldC$19.00
2/28/2022CIBCLower TargetNeutralC$19.50 ➝ C$19.00
2/25/2022Raymond JamesSet TargetMarket PerformC$19.00
1/27/2022ScotiabankLower TargetC$19.00 ➝ C$18.50
1/26/2022CIBCLower TargetC$20.00 ➝ C$19.50
1/12/2022National BanksharesLower TargetSector PerformC$19.00 ➝ C$18.50
1/12/2022TD SecuritiesLower TargetHoldC$19.50 ➝ C$18.00
1/12/2022ATB CapitalLower TargetC$21.00 ➝ C$19.00
1/12/2022ScotiabankLower TargetC$20.00 ➝ C$19.00
1/12/2022Raymond JamesLower TargetMarket PerformC$20.50 ➝ C$19.00
1/12/2022Royal Bank of CanadaUpgradeSector Perform ➝ BuyC$22.00
1/11/2022CIBCLower TargetC$20.50 ➝ C$20.00
1/11/2022CSFBLower TargetC$20.00 ➝ C$19.00
11/1/2021Raymond JamesLower TargetMarket PerformC$21.00 ➝ C$20.50
9/29/2021Raymond JamesReiterated RatingMarket PerformC$21.00
9/28/2021CIBCReiterated RatingHoldC$21.00
9/2/2021CIBCReiterated RatingHoldC$21.00
8/11/2021Royal Bank of CanadaReiterated RatingSector PerformC$22.00
8/10/2021CIBCReiterated RatingNeutralC$21.00
7/21/2021CIBCBoost TargetNeutralC$20.00 ➝ C$21.00
5/25/2021Credit Suisse GroupLower TargetOutperformC$21.00
5/25/2021CSFBLower TargetC$22.00 ➝ C$21.00
5/13/2021Raymond JamesReiterated RatingMarket PerformC$22.00
5/13/2021TD SecuritiesLower TargetHoldC$21.00 ➝ C$20.00
5/12/2021CIBCReiterated RatingNeutralC$20.00
4/20/2021CIBCBoost TargetNeutralC$19.50 ➝ C$20.00
3/5/2021National Bank FinancialLower TargetSector PerformC$21.00 ➝ C$20.00
3/4/2021Raymond JamesLower TargetMarket PerformC$23.00 ➝ C$22.00
3/4/2021TD SecuritiesLower TargetHoldC$24.00 ➝ C$21.00
3/4/2021Royal Bank of CanadaLower TargetSector PerformC$25.00 ➝ C$22.00
3/4/2021CIBCUpgradeUnderperform ➝ NeutralC$20.00 ➝ C$19.50
2/9/2021ScotiabankBoost TargetC$19.00 ➝ C$20.00
1/27/2021Raymond JamesBoost TargetMarket PerformC$18.00 ➝ C$23.00
1/21/2021Credit Suisse GroupReiterated RatingOutperform
1/20/2021Credit Suisse GroupBoost TargetC$19.50 ➝ C$21.50
1/20/2021CSFBBoost TargetC$19.50 ➝ C$21.50
1/13/2021CIBCDowngradeNeutral ➝ UnderperformC$18.00 ➝ C$20.00
1/8/2021TD SecuritiesDowngradeBuy ➝ HoldC$18.50 ➝ C$24.00
12/24/2020Credit Suisse GroupReiterated RatingOutperform
12/24/2020CSFBReiterated RatingOutperform
12/24/2020ATB CapitalBoost TargetC$17.50 ➝ C$19.00
12/24/2020ScotiabankBoost TargetC$17.50 ➝ C$19.00
11/3/2020Raymond JamesSet TargetMarket PerformC$18.00
11/2/2020Royal Bank of CanadaBoost TargetSector PerformC$16.00 ➝ C$17.00
10/28/2020Raymond JamesBoost TargetMarket PerformC$16.50 ➝ C$18.00
10/27/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformC$17.50 ➝ C$18.00
10/21/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformC$17.50 ➝ C$18.00
10/16/2020ScotiabankBoost TargetC$16.50 ➝ C$17.50
10/15/2020CIBCDowngradeOutperform ➝ NeutralC$16.00 ➝ C$18.00
8/4/2020Raymond JamesSet TargetMarket PerformC$16.50
8/4/2020CIBCBoost TargetC$15.50 ➝ C$16.00
7/29/2020Raymond JamesDowngradeOutperform ➝ Market PerformC$16.50
7/6/2020AltaCorp CapitalReiterated RatingSector Perform
4/30/2020National Bank FinancialBoost TargetOutperformC$16.50 ➝ C$17.50
4/23/2020CIBCBoost TargetC$15.00 ➝ C$15.50
3/31/2020TD SecuritiesUpgradeHold ➝ BuyC$17.50
3/25/2020Raymond JamesUpgradeMarket Perform ➝ OutperformC$16.50
3/24/2020National Bank FinancialUpgradeSector Perform Under Weight ➝ Outperfrom Under Weight
3/20/2020CIBCUpgradeNeutral ➝ OutperformC$16.50 ➝ C$15.00
3/13/2020National Bank FinancialUpgradeSector Perform ➝ OutperformC$17.50 ➝ C$16.50
3/3/2020Raymond JamesReiterated RatingMarket PerformC$16.50
3/3/2020TD SecuritiesDowngradeBuy ➝ HoldC$16.50 ➝ C$17.50
3/2/2020CIBCBoost TargetC$15.50 ➝ C$16.50
3/2/2020Royal Bank of CanadaBoost TargetSector PerformC$14.00 ➝ C$16.00
3/2/2020ScotiabankBoost TargetC$16.00 ➝ C$16.50
2/13/2020National Bank FinancialBoost TargetSector PerformC$15.50 ➝ C$17.50
2/7/2020ScotiabankBoost TargetC$14.00 ➝ C$16.00
1/31/2020National Bank FinancialBoost TargetSector PerformC$14.25 ➝ C$15.50
1/30/2020CIBCBoost TargetC$15.00 ➝ C$15.50
1/15/2020CIBCBoost TargetC$14.00 ➝ C$15.00
12/4/2019National Bank FinancialBoost TargetSector PerformC$13.75 ➝ C$14.25
11/7/2019TD SecuritiesBoost TargetBuyC$15.00 ➝ C$15.50
11/7/2019National Bank FinancialBoost TargetSector PerformC$13.25 ➝ C$13.75
11/7/2019Raymond JamesReiterated RatingMarket PerformC$14.50
10/23/2019CIBCBoost TargetC$13.50 ➝ C$14.00
8/22/2019CIBCUpgradeUnderperform ➝ Neutral
8/9/2019Raymond JamesReiterated RatingMarket PerformC$14.50
7/26/2019Raymond JamesBoost TargetC$12.50 ➝ C$14.50
7/10/2019National Bank FinancialBoost TargetSector PerformC$13.00 ➝ C$13.25
5/15/2019Raymond JamesReiterated RatingMarket PerformC$12.50
4/24/2019DesjardinsReiterated RatingHold ➝ AverageC$13.00
(Data available from 4/19/2019 forward)

News Sentiment Rating

0.34 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/20/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/19/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/20/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/19/2024

Current Sentiment

  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
TransAlta Renewables logo
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.
Read More

Today's Range

Now: N/A

50 Day Range

MA: C$12.45
Low: C$11.88
High: C$12.88

52 Week Range

Now: N/A

Volume

880,836 shs

Average Volume

582,037 shs

Market Capitalization

C$3.33 billion

P/E Ratio

41.60

Dividend Yield

7.53%

Beta

0.74

Frequently Asked Questions

What sell-side analysts currently cover shares of TransAlta Renewables?

The following equities research analysts have issued reports on TransAlta Renewables in the last year: Atb Cap Markets, ATB Capital, CIBC, CSFB, National Bankshares, Inc., Raymond James, Royal Bank of Canada, and TD Securities.
View the latest analyst ratings for RNW.

What is the current price target for TransAlta Renewables?

7 Wall Street analysts have set twelve-month price targets for TransAlta Renewables in the last year. Their average twelve-month price target is C$12.98. CIBC has the highest price target set, predicting RNW will reach C$13.50 in the next twelve months. National Bankshares, Inc. has the lowest price target set, forecasting a price of C$12.50 for TransAlta Renewables in the next year.
View the latest price targets for RNW.

What is the current consensus analyst rating for TransAlta Renewables?

TransAlta Renewables currently has 7 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in RNW, but not buy more shares or sell existing shares.
View the latest ratings for RNW.

What other companies compete with TransAlta Renewables?

Other companies that are similar to TransAlta Renewables include Boralex, Innergex Renewable Energy, Brookfield Renewable, Algonquin Power & Utilities and Northland Power. Learn More about companies similar to TransAlta Renewables.

How do I contact TransAlta Renewables' investor relations team?

TransAlta Renewables' physical mailing address is 110 12th Avenue SW, Stn M PO Box 1900, CALGARY, AB T2P 2M1, Canada. The company's listed phone number is +1-403-2677110. The official website for TransAlta Renewables is www.transalta.com. Learn More about contacing TransAlta Renewables investor relations.