▲ +16.95% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for TransAlta Co. (TA.TO) in the last 3 months. The average price target is C$13.25, with a high forecast of C$17.50 and a low forecast of C$10.00. The average price target represents a 16.95% upside from the last price of C$11.33.
The current consensus among 7 polled investment analysts is to buy stock in TransAlta Co. (TA.TO). This rating has held steady since December 2019, when it changed from a Hold consensus rating.
TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. It operates through Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, and Energy Marketing segments. The company generates and markets electricity through various generation fuels, such as coal, natural gas, water, solar, and wind. It also engages in wholesale trading of electricity and other energy-related commodities and derivatives. The company operates facilities with approximately 8,385 megawatts of aggregate generating capacity. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.