TSE:TA - TransAlta Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: C$14.63
Forecasted Upside: 20.37 %
Number of Analysts: 7
Breakdown:
0 Sell Ratings
2 Hold Ratings
5 Buy Ratings
0 Strong Buy Ratings

C^$12.15 As of 06/22/2021 01:00 AM ET

▲ +0.3 (2.53%)

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

C^$14.63

▲ +20.37% Upside Potential

This price target is based on 7 analysts offering 12 month price targets for TransAlta in the last 3 months. The average price target is C$14.63, with a high forecast of C$18.00 and a low forecast of C$12.00. The average price target represents a 20.37% upside from the last price of C$12.15.

Current Consensus is Buy

The current consensus among 7 contributing 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 Description Skip Past Price Target Consensus Chart

0 strong buy ratings
2 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

12/30/2019

0 strong buy ratings
3 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

3/29/2020

0 strong buy ratings
3 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

6/27/2020

0 strong buy ratings
4 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

9/25/2020

0 strong buy ratings
5 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

12/24/2020

0 strong buy ratings
5 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

3/24/2021

0 strong buy ratings
5 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

5/23/2021

0 strong buy ratings
5 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

6/22/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target
6/1/2021	BMO Capital Markets	Boost Price Target	Market Perform ➝ Outperform	C$12.00 ➝ C$14.50
5/25/2021	Credit Suisse Group	Boost Price Target	Sector Perform	C$18.00
5/25/2021	CSFB	Lower Price Target		C$18.50 ➝ C$18.00
5/14/2021	BMO Capital Markets	Boost Price Target	Market Perform	C$11.50 ➝ C$12.00
5/14/2021	CIBC	Reiterated Rating	Outperform	C$13.50
5/14/2021	Royal Bank of Canada	Boost Price Target	Outperform	C$13.00 ➝ C$14.00
5/4/2021	CIBC	Reiterated Rating	Outperform	C$13.50
4/20/2021	CIBC	Boost Price Target	Outperform	C$13.00 ➝ C$13.50
4/16/2021	Scotiabank	Boost Price Target		C$13.50 ➝ C$14.50
3/26/2021	Royal Bank of Canada	Reiterated Rating	Outperform
3/4/2021	Royal Bank of Canada	Boost Price Target	Outperform	C$11.00 ➝ C$13.00
3/4/2021	TD Securities	Boost Price Target	Buy	C$11.00 ➝ C$12.50
3/4/2021	National Bank Financial	Lower Price Target	Sector Perform	C$13.00 ➝ C$12.00
2/9/2021	Scotiabank	Boost Price Target		C$12.00 ➝ C$13.50
1/21/2021	Credit Suisse Group	Reiterated Rating	Sector Perform
1/20/2021	Credit Suisse Group	Boost Price Target		C$16.00 ➝ C$17.50
1/20/2021	CSFB	Boost Price Target		C$16.00 ➝ C$17.50
1/13/2021	CIBC	Upgrade	Neutral ➝ Outperform	C$10.00 ➝ C$13.00
12/7/2020	BMO Capital Markets	Boost Price Target	Sector Perform	C$8.00 ➝ C$10.00
11/11/2020	National Bank Financial	Lower Price Target	Sector Perform	C$11.00 ➝ C$10.00
11/5/2020	National Bank Financial	Lower Price Target	Sector Perform	C$11.00 ➝ C$10.00
7/29/2020	Credit Suisse Group	Boost Price Target		C$10.00 ➝ C$11.50
7/29/2020	CSFB	Boost Price Target		C$10.00 ➝ C$11.50
7/6/2020	AltaCorp Capital	Reiterated Rating	Outperform
4/23/2020	CIBC	Boost Price Target		C$8.50 ➝ C$9.50
3/20/2020	CIBC	Upgrade	Neutral ➝ Outperform	C$11.00 ➝ C$8.50
3/5/2020	National Bank Financial	Reiterated Rating	Sector Perform Overweight
3/5/2020	CIBC	Boost Price Target		C$10.00 ➝ C$11.00
3/5/2020	TD Securities	Boost Price Target	Buy	C$12.00 ➝ C$13.00
2/10/2020	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	C$11.00 ➝ C$13.00
2/7/2020	Scotiabank	Boost Price Target		C$11.00 ➝ C$12.00
1/30/2020	CIBC	Boost Price Target		C$9.50 ➝ C$10.00
1/29/2020	National Bank Financial	Boost Price Target	Sector Perform	C$10.00 ➝ C$11.00
10/23/2019	CIBC	Lower Price Target		C$10.00 ➝ C$9.50
8/13/2019	National Bank Financial	Lower Price Target	Sector Perform	C$11.00 ➝ C$10.00
5/3/2019	CIBC	Boost Price Target		C$9.00 ➝ C$10.00
3/27/2019	National Bank Financial	Boost Price Target	Sector Perform	C$9.50 ➝ C$11.00
3/26/2019	Royal Bank of Canada	Boost Price Target	Sector Perform	C$9.00 ➝ C$11.00
3/26/2019	BMO Capital Markets	Boost Price Target		C$9.00 ➝ C$10.00
3/26/2019	TD Securities	Upgrade	Hold ➝ Buy	C$8.50 ➝ C$12.00
3/21/2019	National Bank Financial	Boost Price Target	Sector Perform	C$9.00 ➝ C$9.50
3/19/2019	CSFB	Upgrade	Underperform ➝ Neutral	C$7.00 ➝ C$10.00
2/28/2019	TD Securities	Boost Price Target	Hold	C$8.00 ➝ C$8.50
2/28/2019	CIBC	Boost Price Target		C$8.00 ➝ C$9.00
2/28/2019	BMO Capital Markets	Boost Price Target		C$8.00 ➝ C$9.00
2/28/2019	National Bank Financial	Downgrade	Outperform ➝ Sector Perform	C$8.00 ➝ C$9.00
1/23/2019	National Bank Financial	Upgrade	Sector Perform ➝ Outperform	C$8.00
12/19/2018	National Bank Financial	Lower Price Target	Sector Perform	C$9.00 ➝ C$8.00
12/18/2018	BMO Capital Markets	Lower Price Target	Market Perform	C$8.50 ➝ C$8.00
10/24/2018	CIBC	Lower Price Target		C$8.50 ➝ C$8.00
9/11/2018	BMO Capital Markets	Boost Price Target		C$7.50 ➝ C$8.50
8/7/2018	CIBC	Boost Price Target		C$8.00 ➝ C$8.50
8/7/2018	National Bank Financial	Boost Price Target	Sector Perform	C$8.00 ➝ C$9.00
5/9/2018	CIBC	Lower Price Target		C$8.50 ➝ C$8.00
5/9/2018	BMO Capital Markets	Lower Price Target		C$8.00 ➝ C$7.50
5/4/2018	Canaccord Genuity	Set Price Target	Hold	C$7.00
3/6/2018	Scotiabank	Set Price Target	Outperform	C$9.00
3/5/2018	BMO Capital Markets	Boost Price Target	Market Perform	C$7.50 ➝ C$8.00
3/5/2018	GMP Securities	Boost Price Target		C$8.25 ➝ C$8.50
2/28/2018	Scotiabank	Upgrade	Sector Perform ➝ Outperform	C$9.00
2/6/2018	BMO Capital Markets	Lower Price Target		C$8.00 ➝ C$7.50
1/29/2018	National Bank Financial	Lower Price Target	Sector Perform	C$9.50 ➝ C$8.00
12/7/2017	Scotiabank	Boost Price Target	Sector Perform	C$8.00 ➝ C$9.00
12/7/2017	CIBC	Boost Price Target		C$8.25 ➝ C$8.50
12/7/2017	CSFB	Boost Price Target	Underperform	C$7.00 ➝ C$8.00
12/7/2017	National Bank Financial	Boost Price Target	Sector Perform	C$9.00 ➝ C$9.50
12/7/2017	Royal Bank of Canada	Boost Price Target	Sector Perform	C$8.00 ➝ C$9.00
8/11/2017	Scotiabank	Set Price Target	Sector Perform	C$8.00
8/2/2017	National Bank Financial	Boost Price Target	Sector Perform	C$8.50 ➝ C$9.00
5/23/2017	BMO Capital Markets	Reiterated Rating	Market Perform	C$8.00
4/21/2017	TD Securities	Reiterated Rating	Hold	C$8.00
3/6/2017	Scotiabank	Boost Price Target	Sector Perform	C$7.75 ➝ C$8.00
3/6/2017	TD Securities	Reiterated Rating	Hold	C$8.00
2/13/2017	National Bank Financial	Downgrade	Outperform ➝ Sector Perform	C$9.00 ➝ C$8.50
12/30/2016	National Bank Financial	Set Price Target	Outperform	C$9.00
12/30/2016	BMO Capital Markets	Set Price Target		C$8.00
12/30/2016	CSFB	Set Price Target		C$7.00
12/20/2016	Scotiabank	Boost Price Target	Sector Perform	C$7.50 ➝ C$7.75
12/1/2016	TD Securities	Reiterated Rating	Hold	C$8.00
12/1/2016	Scotiabank	Lower Price Target	Sector Perform	C$8.50 ➝ C$7.50
12/1/2016	Royal Bank of Canada	Boost Price Target	Sector Perform	C$6.00 ➝ C$8.00
11/25/2016	TD Securities	Boost Price Target	Hold	C$7.00 ➝ C$8.00
11/25/2016	Scotiabank	Reiterated Rating	Sector Perform	C$8.50 ➝ C$6.50
11/25/2016	National Bank Financial	Boost Price Target	Outperform	C$6.50 ➝ C$7.50
11/25/2016	BMO Capital Markets	Boost Price Target	Market Perform	C$6.50 ➝ C$7.50
11/25/2016	Royal Bank of Canada	Boost Price Target	Sector Perform	C$6.50 ➝ C$7.50
11/24/2016	National Bank Financial	Upgrade	Sector Perform Market Weight ➝ Outperform Market Weight
11/7/2016	Scotiabank	Reiterated Rating	Underperform ➝ Sector Perform	C$6.50
11/7/2016	TD Securities	Reiterated Rating	Hold	C$7.00
11/1/2016	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	C$15.00
8/25/2016	CIBC	Lower Price Target		C$11.00 ➝ C$10.00
8/11/2016	Royal Bank of Canada	Boost Price Target		C$5.50 ➝ C$6.00
8/10/2016	TD Securities	Lower Price Target	Hold	C$7.50 ➝ C$7.00
8/10/2016	Scotiabank	Reiterated Rating	Underperform	C$6.50
8/10/2016	Royal Bank of Canada	Boost Price Target		C$5.50 ➝ C$6.00
8/10/2016	FirstEnergy Capital	Boost Price Target		C$5.25 ➝ C$5.75
7/20/2016	CIBC	Boost Price Target		C$7.75 ➝ C$8.00
7/18/2016	National Bank Financial	Boost Price Target		C$6.00 ➝ C$6.50

(Data available from 6/22/2016 forward)

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through six segments: Hydro, Wind and Solar, North American Gas, Australian Gas, Alberta Thermal, and Centralia. The company owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. It also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. The company serves municipalities, medium and large industries, businesses, and utility customers. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.

Today's Range

Now: C$12.15

C$11.80

C$12.26

50 Day Range

MA: C$11.70

C$10.93

C$12.39

52 Week Range

Now: C$12.15

C$7.67

C$12.51

Volume

923,519 shs

Average Volume

688,286 shs

Market Capitalization

C$3.28 billion

P/E Ratio

N/A

Dividend Yield

1.52%

Beta

N/A

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: AltaCorp Capital, BMO Capital Markets, CIBC, Credit Suisse Group AG, CSFB, 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?

8 Wall Street analysts have set twelve-month price targets for TransAlta in the last year. Their average twelve-month price target is C$14.63, suggesting a possible upside of 23.4%. CSFB has the highest price target set, predicting TA will reach C$18.00 in the next twelve months. National Bank Financial has the lowest price target set, forecasting a price of C$12.00 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 5 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?

Other companies that are similar to TransAlta include Algonquin Power & Utilities, Uniper, Northland Power, TransAlta Renewables, Boralex, Innergex Renewable Energy, Cryptology Asset Group, Drax Group, ContourGlobal, Polaris Infrastructure, PowerHouse Energy Group, Spark Power Group, Aggregated Micro Power, Green & Smart and AGL Energy.

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.