PriceTargets.com logo

TransAlta - TA Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$24.13
  • Forecasted Upside: 41.58%
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
C$17.04 As of 03/19/2026 05:00 PM ET
▼ -0.08 (-0.47%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New TransAlta Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for TA and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for TA

Analyst Price Target is C$24.13
▲ +41.58% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for TransAlta in the last 3 months. The average price target is C$24.13, with a high forecast of C$27.00 and a low forecast of C$18.00. The average price target represents a 41.58% upside from the last price of C$17.04.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Moderate Buy

The current consensus among 8 polled investment analysts is to moderate buy stock in TransAlta. This rating has held steady since September 2025, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/25/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/24/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/24/2025
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/22/2025
  • 1 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/20/2025
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/19/2025
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/17/2026
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/19/2026

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
2/10/2026DesjardinsLower TargetHoldC$19.00 ➝ C$18.00
1/21/2026Jefferies Financial GroupLower TargetC$27.00 ➝ C$22.00
12/17/2025Canadian Imperial Bank of CommerceBoost TargetC$25.00 ➝ C$26.00
12/10/2025TD SecuritiesBoost TargetBuyC$26.00 ➝ C$27.00
12/10/2025National Bank FinancialBoost TargetSector PerformC$18.00 ➝ C$22.00
12/10/2025ATB Cormark Capital MarketsBoost TargetOutperformC$26.00 ➝ C$27.00
12/3/2025National Bank FinancialDowngradeStrong-Buy ➝ Hold
11/10/2025Royal Bank Of CanadaBoost TargetC$20.00 ➝ C$24.00
11/7/2025TD SecuritiesLower TargetBuyC$27.00 ➝ C$26.00
10/28/2025TD SecuritiesBoost TargetBuyC$20.00 ➝ C$27.00
10/22/2025DesjardinsBoost TargetHoldC$16.50 ➝ C$21.00
10/20/2025ScotiabankBoost TargetOutperformC$23.00 ➝ C$27.00
10/20/2025Canadian Imperial Bank of CommerceBoost TargetOutperformC$20.00 ➝ C$26.00
10/14/2025Jefferies Financial GroupBoost TargetBuyC$20.00 ➝ C$27.00
8/5/2025National Bank FinancialBoost TargetOutperformC$16.00 ➝ C$17.00
8/5/2025TD SecuritiesBoost TargetBuyC$19.00 ➝ C$20.00
8/5/2025ATB Cormark Capital MarketsBoost TargetOutperformC$18.00 ➝ C$20.00
7/29/2025TD SecuritiesBoost TargetBuyC$17.00 ➝ C$19.00
7/18/2025ScotiabankUpgradeHold ➝ Strong-BuyC$16.00 ➝ C$20.00
7/10/2025Canadian Imperial Bank of CommerceBoost TargetC$18.50 ➝ C$20.00
6/12/2025Jefferies Financial GroupUpgradeHold ➝ BuyC$12.00 ➝ C$20.00
5/8/2025ATB Cormark Capital MarketsLower TargetOutperformC$19.00 ➝ C$18.00
5/8/2025ScotiabankLower TargetSector PerformC$17.00 ➝ C$16.00
5/8/2025Canadian Imperial Bank of CommerceBoost TargetOutperformC$18.50 ➝ C$19.00
5/8/2025National Bank FinancialLower TargetOutperformC$20.00 ➝ C$16.00
5/8/2025Royal Bank Of CanadaLower TargetOutperformC$23.00 ➝ C$20.00
5/6/2025DesjardinsLower TargetHoldC$16.00 ➝ C$14.00
4/24/2025Canadian Imperial Bank of CommerceLower TargetOutperformC$19.50 ➝ C$19.00
4/17/2025ScotiabankLower TargetSector PerformC$21.00 ➝ C$17.00
2/18/2025Canadian Imperial Bank of CommerceUpgradeHold ➝ Strong-BuyC$23.00 ➝ C$19.50
2/11/2025TD SecuritiesBoost TargetBuyC$18.00 ➝ C$19.00
1/30/2025ScotiabankDowngradeOutperform ➝ Sector PerformC$19.00 ➝ C$21.00
1/23/2025ScotiabankDowngradeStrong-Buy ➝ Hold
1/8/2025Canadian Imperial Bank of CommerceDowngradeOutperform ➝ NeutralC$17.00 ➝ C$23.00
12/18/2024DesjardinsBoost TargetHoldC$15.50 ➝ C$16.00
12/16/2024BMO Capital MarketsBoost TargetC$17.00 ➝ C$22.00
12/5/2024ScotiabankUpgradeStrong-Buy
11/6/2024Royal Bank Of CanadaBoost TargetC$14.00 ➝ C$16.00
11/6/2024TD SecuritiesBoost TargetBuyC$16.00 ➝ C$18.00
11/5/2024DesjardinsDowngradeModerate Buy ➝ Hold
10/30/2024DesjardinsSet TargetBuyC$15.50
10/29/2024DesjardinsUpgradeModerate Buy
10/29/2024TD SecuritiesBoost TargetBuyC$14.00 ➝ C$16.00
9/5/2024BMO Capital MarketsBoost TargetC$16.00 ➝ C$17.00
8/23/2024National Bank FinancialBoost TargetOutperformC$14.00 ➝ C$15.00
7/22/2024Canadian Imperial Bank of CommerceLower TargetOutperformC$16.50 ➝ C$15.50
6/12/2024Canadian Imperial Bank of CommerceBoost TargetOutperformC$16.00 ➝ C$16.50
4/19/2024Canadian Imperial Bank of CommerceLower TargetOutperformC$18.50 ➝ C$16.00
2/26/2024Royal Bank Of CanadaLower TargetOutperformC$15.00 ➝ C$14.00
2/26/2024Canadian Imperial Bank of CommerceBoost TargetOutperformC$18.00 ➝ C$18.50
2/26/2024BMO Capital MarketsLower TargetOutperformC$17.00 ➝ C$16.00
2/26/2024TD SecuritiesLower TargetBuyC$15.00 ➝ C$14.00
1/30/2024National Bank FinancialLower TargetOutperformC$14.00 ➝ C$13.00
1/24/2024Canadian Imperial Bank of CommerceLower TargetOutperformC$18.50 ➝ C$18.00
1/9/2024Canadian Imperial Bank of CommerceBoost TargetOutperformC$18.00 ➝ C$18.50
11/22/2023TD SecuritiesLower TargetBuyC$16.00 ➝ C$15.50
11/22/2023Royal Bank Of CanadaLower TargetOutperformC$16.00 ➝ C$15.00
11/8/2023Canadian Imperial Bank of CommerceBoost TargetOutperformC$17.50 ➝ C$18.00
10/25/2023ScotiabankLower TargetOutperformC$17.00 ➝ C$15.50
10/19/2023National Bank FinancialLower TargetOutperformC$15.00 ➝ C$14.00
10/19/2023ATB Cormark Capital MarketsLower TargetC$19.00 ➝ C$17.00
10/10/2023Canadian Imperial Bank of CommerceLower TargetOutperformC$18.50 ➝ C$17.50
10/6/2023TD SecuritiesLower TargetBuyC$16.50 ➝ C$16.00
9/8/2023BMO Capital MarketsLower TargetOutperformC$20.00 ➝ C$17.00
8/9/2023Bank of AmericaBoost TargetNeutralC$13.00 ➝ C$14.00
8/8/2023ATB Cormark Capital MarketsBoost TargetOutperformC$18.00 ➝ C$19.00
8/8/2023Canadian Imperial Bank of CommerceBoost TargetOutperformC$17.50 ➝ C$18.50
8/8/2023iA FinancialBoost TargetStrong-BuyC$17.00 ➝ C$17.50
8/8/2023National Bank FinancialBoost TargetOutperformC$14.00 ➝ C$15.00
7/21/2023Canadian Imperial Bank of CommerceBoost TargetOutperformC$17.00 ➝ C$17.50
5/16/2023CSFBBoost TargetC$17.00 ➝ C$18.50
5/8/2023ScotiabankBoost TargetC$16.00 ➝ C$17.00
5/8/2023Canadian Imperial Bank of CommerceBoost TargetC$16.50 ➝ C$17.00
4/21/2023Canadian Imperial Bank of CommerceBoost TargetC$16.00 ➝ C$16.50
4/12/2023CSFBUpgradeNeutral ➝ OutperformC$15.00 ➝ C$17.00
2/24/2023TD SecuritiesLower TargetBuyC$17.50 ➝ C$16.50
2/24/2023Canadian Imperial Bank of CommerceLower TargetC$16.50 ➝ C$16.00
2/24/2023National Bank FinancialLower TargetC$15.00 ➝ C$14.00
2/24/2023ScotiabankLower TargetC$15.00 ➝ C$14.00
2/1/2023CSFBDowngradeOutperform ➝ NeutralC$17.50 ➝ C$15.00
1/27/2023National Bank FinancialUpgradeSector Perform ➝ OutperformC$14.00 ➝ C$15.00
12/15/2022Credit Suisse GroupBoost TargetOutperformC$17.00 ➝ C$17.50
11/9/2022National Bank FinancialBoost TargetSector PerformC$13.00 ➝ C$14.00
11/9/2022TD SecuritiesLower TargetBuyC$18.00 ➝ C$17.50
11/9/2022ATB Cormark Capital MarketsBoost TargetC$16.50 ➝ C$17.50
11/9/2022CSFBBoost TargetC$15.00 ➝ C$17.00
11/9/2022ScotiabankBoost TargetC$15.50 ➝ C$16.00
11/9/2022Credit Suisse GroupBoost TargetOutperformC$17.00
10/25/2022National Bank FinancialLower TargetC$15.00 ➝ C$13.00
10/25/2022CSFBLower TargetC$17.50 ➝ C$15.00
10/25/2022Credit Suisse GroupLower TargetOutperformC$15.00
10/20/2022ScotiabankLower TargetC$17.00 ➝ C$15.50
10/18/2022Canadian Imperial Bank of CommerceLower TargetC$17.50 ➝ C$16.00
9/26/2022ScotiabankBoost TargetC$16.50 ➝ C$17.00
8/24/2022CSFBLower TargetC$18.50 ➝ C$17.50
8/24/2022Credit Suisse GroupLower TargetC$17.50
8/8/2022TD SecuritiesLower TargetBuyC$18.50 ➝ C$18.00
7/25/2022Credit Suisse GroupBoost TargetOutperformC$18.00 ➝ C$18.50
5/9/2022National Bank FinancialBoost TargetSector PerformC$14.00 ➝ C$15.00
5/9/2022BMO Capital MarketsReiterated RatingBuyC$17.00
4/20/2022Credit Suisse GroupBoost TargetOutperformC$18.00
4/20/2022CSFBBoost TargetC$17.00 ➝ C$18.00
1/12/2022TD SecuritiesLower TargetBuyC$17.50 ➝ C$17.00
1/11/2022Canadian Imperial Bank of CommerceBoost TargetC$16.50 ➝ C$17.00
1/11/2022CSFBLower TargetC$17.50 ➝ C$17.00
1/7/2022Credit Suisse GroupReiterated RatingOutperformC$17.50
1/7/2022CSFBSet TargetOutperformC$17.50
12/29/2021ATB Cormark Capital MarketsBoost TargetC$16.50 ➝ C$17.00
12/23/2021ATB Cormark Capital MarketsBoost TargetBuyC$16.50 ➝ C$17.00
11/12/2021National Bank FinancialBoost TargetSector PerformC$13.00 ➝ C$14.00
11/1/2021CSFBLower TargetC$18.00 ➝ C$17.50
11/1/2021Credit Suisse GroupLower TargetOutperformC$17.50
10/29/2021Canadian Imperial Bank of CommerceReiterated RatingBuyC$16.00
10/21/2021ScotiabankBoost TargetC$14.50 ➝ C$16.00
10/19/2021TD SecuritiesBoost TargetC$15.50 ➝ C$16.50
10/5/2021CSFBSet TargetOutperformC$18.00
9/29/2021Credit Suisse GroupReiterated RatingOutperformC$18.00
9/29/2021CSFBSet TargetOutperformC$18.00
9/29/2021Royal Bank Of CanadaReiterated RatingOutperformC$14.00
9/29/2021Canadian Imperial Bank of CommerceBoost TargetC$15.00 ➝ C$16.00
9/28/2021Canadian Imperial Bank of CommerceReiterated RatingBuyC$15.00 ➝ C$16.00
9/21/2021BMO Capital MarketsReiterated RatingOutperform
9/20/2021BMO Capital MarketsBoost TargetNAC$15.50 ➝ C$16.00
8/11/2021BMO Capital MarketsBoost TargetC$15.50
8/11/2021National Bank FinancialBoost TargetSector PerformC$13.00
8/11/2021Royal Bank Of CanadaReiterated RatingOutperformC$14.00
8/10/2021Canadian Imperial Bank of CommerceReiterated RatingOutperformC$14.50
7/21/2021Canadian Imperial Bank of CommerceBoost TargetOutperformC$13.50 ➝ C$14.50
6/1/2021BMO Capital MarketsBoost TargetMarket Perform ➝ OutperformC$12.00 ➝ C$14.50
5/25/2021Credit Suisse GroupBoost TargetSector PerformC$18.00
5/25/2021CSFBLower TargetC$18.50 ➝ C$18.00
5/14/2021BMO Capital MarketsBoost TargetMarket PerformC$11.50 ➝ C$12.00
5/14/2021Canadian Imperial Bank of CommerceReiterated RatingOutperformC$13.50
5/14/2021Royal Bank Of CanadaBoost TargetOutperformC$13.00 ➝ C$14.00
5/4/2021Canadian Imperial Bank of CommerceReiterated RatingOutperformC$13.50
4/20/2021Canadian Imperial Bank of CommerceBoost TargetOutperformC$13.00 ➝ C$13.50
4/16/2021ScotiabankBoost TargetC$13.50 ➝ C$14.50
3/26/2021Royal Bank Of CanadaReiterated RatingOutperform
(Data available from 3/20/2021 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
  • 1 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2025
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2025
  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2025
  • 0 very positive mentions
  • 14 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2025
  • 2 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2025
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/19/2026
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2026
  • 4 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
3/20/2026

Current Sentiment

  • 4 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

TransAlta logo
TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with affordable, energy efficient and reliable power. Today, TransAlta is one of Canada's largest producers of wind power and Alberta's largest producer of thermal generation and hydro-electric power. For over 114 years, TransAlta has been a responsible operator and a proud member of the communities where we operate and where our employees work and live. TransAlta aligns its corporate goals with the UN Sustainable Development Goals and the Future-Fit Business Benchmark, which also defines sustainable goals for businesses.
Read More

Today's Range

Now: C$17.04
Low: C$16.76
High: C$17.24

50 Day Range

MA: C$17.73
Low: C$16.81
High: C$18.90

52 Week Range

Now: C$17.04
Low: C$11.16
High: C$25.03

Volume

2,211,062 shs

Average Volume

1,212,549 shs

Market Capitalization

C$5.06 billion

P/E Ratio

N/A

Dividend Yield

1.63%

Beta

0.489522

Frequently Asked Questions

What sell-side analysts currently cover shares of TransAlta?

The following sell-side analysts have issued stock ratings on TransAlta in the last twelve months: ATB Cormark Capital Markets, Canadian Imperial Bank of Commerce, Desjardins, Jefferies Financial Group Inc., National Bank Financial, Royal Bank Of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for TA.

What is the current price target for TransAlta?

0 Wall Street analysts have set twelve-month price targets for TransAlta in the last year. Their average twelve-month price target is C$24.13, suggesting a possible upside of 41.6%. TD Securities has the highest price target set, predicting TA will reach C$27.00 in the next twelve months. Desjardins has the lowest price target set, forecasting a price of C$18.00 for TransAlta in the next year.
View the latest price targets for TA.

What is the current consensus analyst rating for TransAlta?

TransAlta currently has 2 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for TA.

What other companies compete with TransAlta?

Other companies that are similar to TransAlta include Brookfield Renewable, Brookfield Infrastructure, Algonquin Power & Utilities, Aura Minerals and TransAlta Renewables. Learn More about companies similar to TransAlta.

How do I contact TransAlta's investor relations team?

TransAlta's physical mailing address is Calgary Alberta T2p 2mi 110 12th Ave SW Station, Stn M PO Box 1900, CALGARY, AB T2P 2M1, Canada. The company's listed phone number is +1-403-2674724. The official website for TransAlta is www.transalta.com. Learn More about contacing TransAlta investor relations.