TSE:RNW - TransAlta Renewables Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$18.94
  • Forecasted Upside: 13.51 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 6 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
C$16.69
▲ +0.24 (1.46%)

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$18.94
▲ +13.51% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for TransAlta Renewables in the last 3 months. The average price target is C$18.94, with a high forecast of C$0.00 and a low forecast of C$0.00. The average price target represents a 13.51% upside from the last price of C$16.69.

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 6 contributing 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
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
1/11/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
4/11/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/10/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/8/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/6/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
4/6/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 6 hold ratings
  • 0 sell ratings
6/5/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 6 hold ratings
  • 0 sell ratings
7/5/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/9/2022National BanksharesLower Price TargetSector PerformC$19.00 ➝ C$18.50
5/5/2022TD SecuritiesBoost Price TargetHoldC$18.00 ➝ C$18.50
5/5/2022Raymond JamesSet Price TargetMarket PerformC$19.00
5/5/2022Royal Bank of CanadaLower Price TargetSector PerformC$21.00 ➝ C$20.00
4/28/2022National BanksharesBoost Price 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 Price TargetNeutralC$19.50 ➝ C$19.00
2/25/2022Raymond JamesSet Price TargetMarket PerformC$19.00
1/27/2022ScotiabankLower Price TargetC$19.00 ➝ C$18.50
1/26/2022CIBCLower Price TargetC$20.00 ➝ C$19.50
1/12/2022National BanksharesLower Price TargetSector PerformC$19.00 ➝ C$18.50
1/12/2022TD SecuritiesLower Price TargetHoldC$19.50 ➝ C$18.00
1/12/2022ATB CapitalLower Price TargetC$21.00 ➝ C$19.00
1/12/2022ScotiabankLower Price TargetC$20.00 ➝ C$19.00
1/12/2022Raymond JamesLower Price TargetMarket PerformC$20.50 ➝ C$19.00
1/12/2022Royal Bank of CanadaUpgradeSector Perform ➝ BuyC$22.00
1/11/2022CIBCLower Price TargetC$20.50 ➝ C$20.00
1/11/2022CSFBLower Price TargetC$20.00 ➝ C$19.00
11/1/2021Raymond JamesLower Price 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 Price TargetNeutralC$20.00 ➝ C$21.00
5/25/2021Credit Suisse GroupLower Price TargetOutperformC$21.00
5/25/2021CSFBLower Price TargetC$22.00 ➝ C$21.00
5/13/2021Raymond JamesReiterated RatingMarket PerformC$22.00
5/13/2021TD SecuritiesLower Price TargetHoldC$21.00 ➝ C$20.00
5/12/2021CIBCReiterated RatingNeutralC$20.00
4/20/2021CIBCBoost Price TargetNeutralC$19.50 ➝ C$20.00
3/5/2021National Bank FinancialLower Price TargetSector PerformC$21.00 ➝ C$20.00
3/4/2021Raymond JamesLower Price TargetMarket PerformC$23.00 ➝ C$22.00
3/4/2021TD SecuritiesLower Price TargetHoldC$24.00 ➝ C$21.00
3/4/2021Royal Bank of CanadaLower Price TargetSector PerformC$25.00 ➝ C$22.00
3/4/2021CIBCUpgradeUnderperform ➝ NeutralC$20.00 ➝ C$19.50
2/9/2021ScotiabankBoost Price TargetC$19.00 ➝ C$20.00
1/27/2021Raymond JamesBoost Price TargetMarket PerformC$18.00 ➝ C$23.00
1/21/2021Credit Suisse GroupReiterated RatingOutperform
1/20/2021Credit Suisse GroupBoost Price TargetC$19.50 ➝ C$21.50
1/20/2021CSFBBoost Price 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 Price TargetC$17.50 ➝ C$19.00
12/24/2020ScotiabankBoost Price TargetC$17.50 ➝ C$19.00
11/3/2020Raymond JamesSet Price TargetMarket PerformC$18.00
11/2/2020Royal Bank of CanadaBoost Price TargetSector PerformC$16.00 ➝ C$17.00
10/28/2020Raymond JamesBoost Price 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 Price TargetC$16.50 ➝ C$17.50
10/15/2020CIBCDowngradeOutperform ➝ NeutralC$16.00 ➝ C$18.00
8/4/2020Raymond JamesSet Price TargetMarket PerformC$16.50
8/4/2020CIBCBoost Price 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 Price TargetOutperformC$16.50 ➝ C$17.50
4/23/2020CIBCBoost Price 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 Price TargetC$15.50 ➝ C$16.50
3/2/2020Royal Bank of CanadaBoost Price TargetSector PerformC$14.00 ➝ C$16.00
3/2/2020ScotiabankBoost Price TargetC$16.00 ➝ C$16.50
2/13/2020National Bank FinancialBoost Price TargetSector PerformC$15.50 ➝ C$17.50
2/7/2020ScotiabankBoost Price TargetC$14.00 ➝ C$16.00
1/31/2020National Bank FinancialBoost Price TargetSector PerformC$14.25 ➝ C$15.50
1/30/2020CIBCBoost Price TargetC$15.00 ➝ C$15.50
1/15/2020CIBCBoost Price TargetC$14.00 ➝ C$15.00
12/4/2019National Bank FinancialBoost Price TargetSector PerformC$13.75 ➝ C$14.25
11/7/2019TD SecuritiesBoost Price TargetBuyC$15.00 ➝ C$15.50
11/7/2019National Bank FinancialBoost Price TargetSector PerformC$13.25 ➝ C$13.75
11/7/2019Raymond JamesReiterated RatingMarket PerformC$14.50
10/23/2019CIBCBoost Price TargetC$13.50 ➝ C$14.00
8/22/2019CIBCUpgradeUnderperform ➝ Neutral
8/9/2019Raymond JamesReiterated RatingMarket PerformC$14.50
7/26/2019Raymond JamesBoost Price TargetC$12.50 ➝ C$14.50
7/10/2019National Bank FinancialBoost Price TargetSector PerformC$13.00 ➝ C$13.25
5/15/2019Raymond JamesReiterated RatingMarket PerformC$12.50
4/24/2019DesjardinsReiterated RatingHold ➝ AverageC$13.00
4/3/2019CIBCDowngradeNeutral ➝ UnderperformC$13.00 ➝ C$13.50
3/8/2019National Bank FinancialBoost Price TargetSector PerformC$12.50 ➝ C$13.00
3/7/2019Raymond JamesReiterated RatingMarket PerformC$12.50
3/7/2019TD SecuritiesBoost Price TargetBuyC$13.00 ➝ C$13.50
3/7/2019CIBCBoost Price TargetC$12.00 ➝ C$13.00
3/7/2019Industrial Alliance SecuritiesBoost Price TargetHoldC$12.00 ➝ C$13.00
2/19/2019National Bank FinancialBoost Price TargetSector PerformC$12.00 ➝ C$12.50
1/8/2019Raymond JamesReiterated RatingHoldC$12.50
11/2/2018Royal Bank of CanadaLower Price TargetSector PerformC$14.00 ➝ C$13.00
11/2/2018Raymond JamesReiterated RatingMarket PerformC$12.50
11/2/2018DesjardinsLower Price TargetC$13.00 ➝ C$12.50
11/2/2018TD SecuritiesUpgradeHold ➝ BuyC$13.00
10/24/2018CIBCLower Price TargetC$13.00 ➝ C$12.00
10/9/2018Industrial Alliance SecuritiesDowngradeBuy ➝ HoldC$14.00 ➝ C$12.00
10/5/2018National Bank FinancialLower Price TargetC$12.50 ➝ C$12.00
7/27/2018National Bank FinancialLower Price TargetSector PerformC$13.00 ➝ C$12.50
6/26/2018National Bank FinancialReiterated RatingSector PerformC$13.00
5/11/2018CIBCLower Price TargetC$13.50 ➝ C$13.00
2/27/2018National Bank FinancialLower Price TargetSector PerformC$13.50 ➝ C$13.00
2/26/2018Royal Bank of CanadaLower Price TargetSector PerformC$15.00 ➝ C$14.00
2/26/2018CIBCLower Price TargetC$14.50 ➝ C$13.50
2/21/2018GMP SecuritiesLower Price TargetC$16.25 ➝ C$16.00
2/7/2018National Bank FinancialLower Price TargetSector PerformC$15.00 ➝ C$13.50
12/7/2017TD SecuritiesLower Price TargetC$15.00 ➝ C$14.00
11/14/2017ScotiabankLower Price TargetSector PerformC$15.00 ➝ C$14.00
11/3/2017TD SecuritiesLower Price TargetHoldC$15.50 ➝ C$15.00
8/11/2017TD SecuritiesLower Price TargetHoldC$16.00 ➝ C$15.50
7/20/2017National Bank FinancialReiterated RatingSector Perform Under Weight
(Data available from 7/5/2017 forward)

News Sentiment Rating

0.35 (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
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/7/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/6/2022
  • 0 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
2/5/2022
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/7/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/6/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/6/2022
  • 0 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/5/2022
  • 1 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/5/2022

Current Sentiment

  • 1 very positive mentions
  • 10 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.
TransAlta Renewables logo
TransAlta Renewables Inc. develops, owns, and operates renewable power generation facilities. The company operates through Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas segments. As of February 24, 2022, it owned and operated 26 wind facilities, 13 hydroelectric facilities, 8 natural gas generation facilities, 2 solar facilities, 1 natural gas pipeline, and 1 battery storage project comprising 2,968 megawatts of net generating capacity located in the provinces of British Columbia, Alberta, Ontario, Québec, New Brunswick, the States of Pennsylvania, New Hampshire, Wyoming, Massachusetts, Michigan, Minnesota, Washington, North Carolina, and the State of Western Australia. The company was incorporated in 2013 and is headquartered in Calgary, Canada. TransAlta Renewables Inc. is a subsidiary of TransAlta Corporation.
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Today's Range

Now: C$16.69
Low: C$16.45
High: C$16.85

50 Day Range

MA: C$17.23
Low: C$16.07
High: C$18.17

52 Week Range

Now: C$16.69
Low: C$15.87
High: C$22.55

Volume

168,534 shs

Average Volume

424,732 shs

Market Capitalization

C$4.45 billion

P/E Ratio

34.77

Dividend Yield

5.71%

Beta

N/A

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 Capital, CIBC, CSFB, Industrial Alliance Securities, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for RNW.

What is the current price target for TransAlta Renewables?

0 Wall Street analysts have set twelve-month price targets for TransAlta Renewables in the last year. Their average twelve-month price target is C$18.94, suggesting a possible upside of 13.5%.
View the latest price targets for RNW.

What is the current consensus analyst rating for TransAlta Renewables?

TransAlta Renewables currently has 6 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.

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.