• Consensus Rating: Buy
  • Consensus Price Target: C$16.86
  • Forecasted Upside: 27.51%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$13.22
▲ +0.2 (1.54%)

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

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Analyst Price Target for TA

Analyst Price Target is C$16.86
▲ +27.51% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for TransAlta in the last 3 months. The average price target is C$16.86, with a high forecast of C$18.50 and a low forecast of C$14.00. The average price target represents a 27.51% upside from the last price of C$13.22.

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

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Current Consensus is Buy

The current consensus among 4 investment analysts is to buy stock in TransAlta. This Buy 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
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/9/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/9/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/7/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/5/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/4/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/4/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/3/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/2/2023

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/16/2023CSFBBoost TargetC$17.00 ➝ C$18.50
5/8/2023ScotiabankBoost TargetC$16.00 ➝ C$17.00
5/8/2023CIBCBoost TargetC$16.50 ➝ C$17.00
4/21/2023CIBCBoost 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
2/24/2023CIBCLower TargetC$16.50 ➝ C$16.00
2/24/2023National BanksharesLower 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 BanksharesUpgradeSector Perform ➝ OutperformC$14.00 ➝ C$15.00
12/15/2022Credit Suisse GroupBoost TargetOutperformC$17.00 ➝ C$17.50
11/9/2022National BanksharesBoost TargetSector PerformC$13.00 ➝ C$14.00
11/9/2022TD SecuritiesLower TargetBuyC$18.00 ➝ C$17.50
11/9/2022ATB CapitalBoost 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 BanksharesLower 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
10/18/2022CIBCLower 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 BanksharesBoost 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
1/11/2022CIBCBoost 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 CapitalBoost TargetC$16.50 ➝ C$17.00
12/23/2021ATB CapitalBoost TargetBuyC$16.50 ➝ C$17.00
11/12/2021National BanksharesBoost TargetSector PerformC$13.00 ➝ C$14.00
11/1/2021CSFBLower TargetC$18.00 ➝ C$17.50
11/1/2021Credit Suisse GroupLower TargetOutperformC$17.50
10/29/2021CIBCReiterated 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
9/29/2021CIBCBoost TargetC$15.00 ➝ C$16.00
9/28/2021CIBCReiterated 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
8/10/2021CIBCReiterated RatingOutperformC$14.50
7/21/2021CIBCBoost 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
5/14/2021CIBCReiterated RatingOutperformC$13.50
5/14/2021Royal Bank of CanadaBoost TargetOutperformC$13.00 ➝ C$14.00
5/4/2021CIBCReiterated RatingOutperformC$13.50
4/20/2021CIBCBoost TargetOutperformC$13.00 ➝ C$13.50
4/16/2021ScotiabankBoost TargetC$13.50 ➝ C$14.50
3/26/2021Royal Bank of CanadaReiterated RatingOutperform
3/4/2021Royal Bank of CanadaBoost TargetOutperformC$11.00 ➝ C$13.00
3/4/2021TD SecuritiesBoost TargetBuyC$11.00 ➝ C$12.50
3/4/2021National Bank FinancialLower TargetSector PerformC$13.00 ➝ C$12.00
2/9/2021ScotiabankBoost TargetC$12.00 ➝ C$13.50
1/21/2021Credit Suisse GroupReiterated RatingSector Perform
1/20/2021Credit Suisse GroupBoost TargetC$16.00 ➝ C$17.50
1/20/2021CSFBBoost TargetC$16.00 ➝ C$17.50
1/13/2021CIBCUpgradeNeutral ➝ OutperformC$10.00 ➝ C$13.00
12/7/2020BMO Capital MarketsBoost TargetSector PerformC$8.00 ➝ C$10.00
11/11/2020National Bank FinancialLower TargetSector PerformC$11.00 ➝ C$10.00
11/5/2020National Bank FinancialLower TargetSector PerformC$11.00 ➝ C$10.00
7/29/2020Credit Suisse GroupBoost TargetC$10.00 ➝ C$11.50
7/29/2020CSFBBoost TargetC$10.00 ➝ C$11.50
7/6/2020AltaCorp CapitalReiterated RatingOutperform
4/23/2020CIBCBoost TargetC$8.50 ➝ C$9.50
3/20/2020CIBCUpgradeNeutral ➝ OutperformC$11.00 ➝ C$8.50
3/5/2020National Bank FinancialReiterated RatingSector Perform Overweight
3/5/2020CIBCBoost TargetC$10.00 ➝ C$11.00
3/5/2020TD SecuritiesBoost TargetBuyC$12.00 ➝ C$13.00
2/10/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$11.00 ➝ C$13.00
2/7/2020ScotiabankBoost TargetC$11.00 ➝ C$12.00
1/30/2020CIBCBoost TargetC$9.50 ➝ C$10.00
1/29/2020National Bank FinancialBoost TargetSector PerformC$10.00 ➝ C$11.00
10/23/2019CIBCLower TargetC$10.00 ➝ C$9.50
8/13/2019National Bank FinancialLower TargetSector PerformC$11.00 ➝ C$10.00
5/3/2019CIBCBoost TargetC$9.00 ➝ C$10.00
3/27/2019National Bank FinancialBoost TargetSector PerformC$9.50 ➝ C$11.00
3/26/2019Royal Bank of CanadaBoost TargetSector PerformC$9.00 ➝ C$11.00
3/26/2019BMO Capital MarketsBoost TargetC$9.00 ➝ C$10.00
3/26/2019TD SecuritiesUpgradeHold ➝ BuyC$8.50 ➝ C$12.00
3/21/2019National Bank FinancialBoost TargetSector PerformC$9.00 ➝ C$9.50
3/19/2019CSFBUpgradeUnderperform ➝ NeutralC$7.00 ➝ C$10.00
2/28/2019TD SecuritiesBoost TargetHoldC$8.00 ➝ C$8.50
2/28/2019CIBCBoost TargetC$8.00 ➝ C$9.00
2/28/2019BMO Capital MarketsBoost TargetC$8.00 ➝ C$9.00
2/28/2019National Bank FinancialDowngradeOutperform ➝ Sector PerformC$8.00 ➝ C$9.00
1/23/2019National Bank FinancialUpgradeSector Perform ➝ OutperformC$8.00
12/19/2018National Bank FinancialLower TargetSector PerformC$9.00 ➝ C$8.00
12/18/2018BMO Capital MarketsLower TargetMarket PerformC$8.50 ➝ C$8.00
10/24/2018CIBCLower TargetC$8.50 ➝ C$8.00
9/11/2018BMO Capital MarketsBoost TargetC$7.50 ➝ C$8.50
8/7/2018CIBCBoost TargetC$8.00 ➝ C$8.50
8/7/2018National Bank FinancialBoost TargetSector PerformC$8.00 ➝ C$9.00
(Data available from 6/2/2018 forward)

News Sentiment Rating

0.23 (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
  • 8 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
11/4/2022
  • 5 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/4/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/3/2023
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/2/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/4/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/3/2023
  • 2 very positive mentions
  • 18 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/3/2023
  • 3 very positive mentions
  • 32 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/2/2023

Current Sentiment

  • 3 very positive mentions
  • 32 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 logo
TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through four segments: Hydro, Wind and Solar, Gas, and Energy Transition. owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. The company also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. It serves municipalities, medium and large industries, businesses, and utility customers. The company was founded in 1909 and is headquartered in Calgary, Canada.
Read More

Today's Range

Now: C$13.22
Low: C$13.00
High: C$13.22

50 Day Range

MA: C$12.36
Low: C$10.76
High: C$13.29

52 Week Range

Now: C$13.22
Low: C$10.52
High: C$15.28

Volume

68,283 shs

Average Volume

578,256 shs

Market Capitalization

C$3.52 billion

P/E Ratio

31.48

Dividend Yield

1.67%

Beta

1.12

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 Capital, CIBC, Credit Suisse Group AG, CSFB, National Bankshares, Inc., Scotiabank, and TD Securities.
View the latest analyst ratings for TA.

What is the current price target for TransAlta?

7 Wall Street analysts have set twelve-month price targets for TransAlta in the last year. Their average twelve-month price target is C$16.86, suggesting a possible upside of 27.5%. CSFB has the highest price target set, predicting TA will reach C$18.50 in the next twelve months. National Bankshares, Inc. has the lowest price target set, forecasting a price of C$14.00 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 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TA will outperform the market and that investors should add to their positions of TransAlta.
View the latest ratings for TA.

What other companies compete with 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.