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TSE:TA - TransAlta Co. (TA.TO) Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$13.25
  • Forecasted Upside: 16.95 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$11.33 As of 01/25/2021 01:00 AM ET
▲ +0.04 (0.35%)
1 month | 3 months | 12 months
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Analyst Price Target for TA

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
C$13.25
▲ +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.
Buy
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.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/5/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/3/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/1/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/1/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/30/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/28/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
1/26/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetDetails
1/21/2021Credit Suisse GroupReiterated RatingSector Perform
i
1/20/2021Credit Suisse GroupBoost Price TargetC$16.00 ➝ C$17.50
i
1/20/2021CSFBBoost Price TargetC$16.00 ➝ C$17.50
i
1/13/2021CIBCUpgradeNeutral ➝ OutperformC$10.00 ➝ C$13.00
i
12/7/2020BMO Capital MarketsBoost Price TargetSector PerformC$8.00 ➝ C$10.00
i
11/11/2020National Bank FinancialLower Price TargetSector PerformC$11.00 ➝ C$10.00
i
11/5/2020National Bank FinancialLower Price TargetSector PerformC$11.00 ➝ C$10.00
i
7/29/2020Credit Suisse GroupBoost Price TargetC$10.00 ➝ C$11.50
i
7/29/2020CSFBBoost Price TargetC$10.00 ➝ C$11.50
i
7/6/2020AltaCorp CapitalReiterated RatingOutperform
i
Rating by N. Heywood at AltaCorp Capital
4/23/2020CIBCBoost Price TargetC$8.50 ➝ C$9.50
i
3/20/2020CIBCUpgradeNeutral ➝ OutperformC$11.00 ➝ C$8.50
i
3/5/2020National Bank FinancialReiterated RatingSector Perform Overweight
i
Rating by P. Kenny at National Bank Financial
3/5/2020CIBCBoost Price TargetC$10.00 ➝ C$11.00
i
3/5/2020TD SecuritiesBoost Price TargetBuyC$12.00 ➝ C$13.00
i
2/10/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$11.00 ➝ C$13.00
i
2/7/2020ScotiabankBoost Price TargetC$11.00 ➝ C$12.00
i
1/30/2020CIBCBoost Price TargetC$9.50 ➝ C$10.00
i
1/29/2020National Bank FinancialBoost Price TargetSector PerformC$10.00 ➝ C$11.00
i
10/23/2019CIBCLower Price TargetC$10.00 ➝ C$9.50
i
8/13/2019National Bank FinancialLower Price TargetSector PerformC$11.00 ➝ C$10.00
i
Rating by P. Kenny at National Bank Financial
5/3/2019CIBCBoost Price TargetC$9.00 ➝ C$10.00
i
3/27/2019National Bank FinancialBoost Price TargetSector PerformC$9.50 ➝ C$11.00
i
Rating by P. Kenny at National Bank Financial
3/26/2019Royal Bank of CanadaBoost Price TargetSector PerformC$9.00 ➝ C$11.00
i
3/26/2019BMO Capital MarketsBoost Price TargetC$9.00 ➝ C$10.00
i
3/26/2019TD SecuritiesUpgradeHold ➝ BuyC$8.50 ➝ C$12.00
i
3/21/2019National Bank FinancialBoost Price TargetSector PerformC$9.00 ➝ C$9.50
i
Rating by P. Kenny at National Bank Financial
3/19/2019CSFBUpgradeUnderperform ➝ NeutralC$7.00 ➝ C$10.00
i
2/28/2019TD SecuritiesBoost Price TargetHoldC$8.00 ➝ C$8.50
i
2/28/2019CIBCBoost Price TargetC$8.00 ➝ C$9.00
i
2/28/2019BMO Capital MarketsBoost Price TargetC$8.00 ➝ C$9.00
i
2/28/2019National Bank FinancialDowngradeOutperform ➝ Sector PerformC$8.00 ➝ C$9.00
i
Rating by P. Kenny at National Bank Financial
1/23/2019National Bank FinancialUpgradeSector Perform ➝ OutperformC$8.00
i
Rating by P. Kenny at National Bank Financial
12/19/2018National Bank FinancialLower Price TargetSector PerformC$9.00 ➝ C$8.00
i
12/18/2018BMO Capital MarketsLower Price TargetMarket PerformC$8.50 ➝ C$8.00
i
10/24/2018CIBCLower Price TargetC$8.50 ➝ C$8.00
i
9/11/2018BMO Capital MarketsBoost Price TargetC$7.50 ➝ C$8.50
i
8/7/2018CIBCBoost Price TargetC$8.00 ➝ C$8.50
i
8/7/2018National Bank FinancialBoost Price TargetSector PerformC$8.00 ➝ C$9.00
i
5/9/2018CIBCLower Price TargetC$8.50 ➝ C$8.00
i
5/9/2018BMO Capital MarketsLower Price TargetC$8.00 ➝ C$7.50
i
5/4/2018Canaccord GenuitySet Price TargetHoldC$7.00
i
3/6/2018ScotiabankSet Price TargetOutperformC$9.00
i
3/5/2018BMO Capital MarketsBoost Price TargetMarket PerformC$7.50 ➝ C$8.00
i
3/5/2018GMP SecuritiesBoost Price TargetC$8.25 ➝ C$8.50
i
2/28/2018ScotiabankUpgradeSector Perform ➝ OutperformC$9.00
i
2/6/2018BMO Capital MarketsLower Price TargetC$8.00 ➝ C$7.50
i
1/29/2018National Bank FinancialLower Price TargetSector PerformC$9.50 ➝ C$8.00
i
12/7/2017ScotiabankBoost Price TargetSector PerformC$8.00 ➝ C$9.00
i
12/7/2017CIBCBoost Price TargetC$8.25 ➝ C$8.50
i
12/7/2017CSFBBoost Price TargetUnderperformC$7.00 ➝ C$8.00
i
12/7/2017National Bank FinancialBoost Price TargetSector PerformC$9.00 ➝ C$9.50
i
12/7/2017Royal Bank of CanadaBoost Price TargetSector PerformC$8.00 ➝ C$9.00
i
8/11/2017ScotiabankSet Price TargetSector PerformC$8.00
i
8/2/2017National Bank FinancialBoost Price TargetSector PerformC$8.50 ➝ C$9.00
i
Rating by P. Kenny at National Bank Financial
5/23/2017BMO Capital MarketsReiterated RatingMarket PerformC$8.00
i
4/21/2017TD SecuritiesReiterated RatingHoldC$8.00
i
3/6/2017ScotiabankBoost Price TargetSector PerformC$7.75 ➝ C$8.00
i
3/6/2017TD SecuritiesReiterated RatingHoldC$8.00
i
2/13/2017National Bank FinancialDowngradeOutperform ➝ Sector PerformC$9.00 ➝ C$8.50
i
Rating by P. Kenny at National Bank Financial
12/30/2016National Bank FinancialSet Price TargetOutperformC$9.00
i
Rating by P. Kenny at National Bank Financial
12/30/2016BMO Capital MarketsSet Price TargetC$8.00
i
12/30/2016CSFBSet Price TargetC$7.00
i
12/20/2016ScotiabankBoost Price TargetSector PerformC$7.50 ➝ C$7.75
i
12/1/2016TD SecuritiesReiterated RatingHoldC$8.00
i
12/1/2016ScotiabankLower Price TargetSector PerformC$8.50 ➝ C$7.50
i
12/1/2016Royal Bank of CanadaBoost Price TargetSector PerformC$6.00 ➝ C$8.00
i
11/25/2016TD SecuritiesBoost Price TargetHoldC$7.00 ➝ C$8.00
i
11/25/2016ScotiabankReiterated RatingSector PerformC$8.50 ➝ C$6.50
i
11/25/2016National Bank FinancialBoost Price TargetOutperformC$6.50 ➝ C$7.50
i
11/25/2016BMO Capital MarketsBoost Price TargetMarket PerformC$6.50 ➝ C$7.50
i
11/25/2016Royal Bank of CanadaBoost Price TargetSector PerformC$6.50 ➝ C$7.50
i
11/24/2016National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Market Weight
i
Rating by P. Kenny at National Bank Financial
11/7/2016ScotiabankReiterated RatingUnderperform ➝ Sector PerformC$6.50
i
11/7/2016TD SecuritiesReiterated RatingHoldC$7.00
i
11/1/2016Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$15.00
i
8/25/2016CIBCLower Price TargetC$11.00 ➝ C$10.00
i
8/11/2016Royal Bank of CanadaBoost Price TargetC$5.50 ➝ C$6.00
i
8/10/2016TD SecuritiesLower Price TargetHoldC$7.50 ➝ C$7.00
i
8/10/2016ScotiabankReiterated RatingUnderperformC$6.50
i
8/10/2016Royal Bank of CanadaBoost Price TargetC$5.50 ➝ C$6.00
i
8/10/2016FirstEnergy CapitalBoost Price TargetC$5.25 ➝ C$5.75
i
7/20/2016CIBCBoost Price TargetC$7.75 ➝ C$8.00
i
7/18/2016National Bank FinancialBoost Price TargetC$6.00 ➝ C$6.50
i
5/4/2016BMO Capital MarketsBoost Price TargetMarket PerformC$5.00 ➝ C$6.50
i
5/4/2016Royal Bank of CanadaDowngradeSector Perform ➝ UnderperformC$5.00 ➝ C$5.50
i
4/29/2016Royal Bank of CanadaReiterated RatingOutperformC$13.00
i
3/3/2016TD SecuritiesBoost Price TargetBuyC$7.00 ➝ C$7.50
i
2/19/2016Royal Bank of CanadaBoost Price TargetSector PerformC$4.50 ➝ C$5.00
i
2/19/2016National Bank FinancialBoost Price TargetSector PerformC$4.50 ➝ C$5.50
i
2/1/2016CIBCLower Price TargetC$9.00 ➝ C$7.50
i
(Data available from 1/26/2016 forward)
TransAlta Co. (TA.TO) logo
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.
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Today's Range

Now: C$11.33
C$11.23
C$11.57

50 Day Range

MA: C$9.91
C$8.89
C$11.29

52 Week Range

Now: C$11.33
C$5.32
C$11.57

Volume

945,793 shs

Average Volume

919,977 shs

Market Capitalization

C$3.11 billion

P/E Ratio

N/A

Dividend Yield

1.59%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of TransAlta Co. (TA.TO)?

The following sell-side analysts have issued stock ratings on TransAlta Co. (TA.TO) in the last twelve months: AltaCorp Capital, BMO Capital Markets, CIBC, Credit Suisse Group AG, CSFB, National Bank Financial, Royal Bank of Canada, Scotiabank, and TD Securities.

What is the current price target for TransAlta Co. (TA.TO)?

8 Wall Street analysts have set twelve-month price targets for TransAlta Co. (TA.TO) in the last year. Their average twelve-month price target is C$13.25, suggesting a possible upside of 16.9%. CSFB has the highest price target set, predicting TA will reach C$17.50 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$10.00 for TransAlta Co. (TA.TO) in the next year.

What is the current consensus analyst rating for TransAlta Co. (TA.TO)?

TransAlta Co. (TA.TO) currently has 3 hold ratings and 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 Co. (TA.TO).

What other companies compete with TransAlta Co. (TA.TO)?

Other companies that are similar to TransAlta Co. (TA.TO) include Uniper SE (UN01.F), Northland Power Inc. (NPI.TO), TransAlta Renewables Inc. (RNW.TO), Boralex Inc. (BLX.TO), Innergex Renewable Energy Inc. (INE.TO), Encavis AG (CAP.F), Drax Group plc (DRX.L), ContourGlobal plc (GLO.L), Polaris Infrastructure Inc. (PIF.TO), PowerHouse Energy Group Plc (PHE.L), Spark Power Group Inc. (SPG.TO), Aggregated Micro Power, Green & Smart, AGL Energy and AGL Energy.

How do I contact TransAlta Co. (TA.TO)'s investor relations team?

TransAlta Co. (TA.TO)'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 Co. (TA.TO) is www.transalta.com.