TSE:TA - TransAlta Stock Price Target and Predictions

  • 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
▲ +0.3 (2.53%)

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$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.

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 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 DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/30/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/29/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/27/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/25/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/24/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/24/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/23/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/22/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/1/2021BMO Capital MarketsBoost Price TargetMarket Perform ➝ OutperformC$12.00 ➝ C$14.50
5/25/2021Credit Suisse GroupBoost Price TargetSector PerformC$18.00
5/25/2021CSFBLower Price TargetC$18.50 ➝ C$18.00
5/14/2021BMO Capital MarketsBoost Price TargetMarket PerformC$11.50 ➝ C$12.00
5/14/2021CIBCReiterated RatingOutperformC$13.50
5/14/2021Royal Bank of CanadaBoost Price TargetOutperformC$13.00 ➝ C$14.00
5/4/2021CIBCReiterated RatingOutperformC$13.50
4/20/2021CIBCBoost Price TargetOutperformC$13.00 ➝ C$13.50
4/16/2021ScotiabankBoost Price TargetC$13.50 ➝ C$14.50
3/26/2021Royal Bank of CanadaReiterated RatingOutperform
3/4/2021Royal Bank of CanadaBoost Price TargetOutperformC$11.00 ➝ C$13.00
3/4/2021TD SecuritiesBoost Price TargetBuyC$11.00 ➝ C$12.50
3/4/2021National Bank FinancialLower Price TargetSector PerformC$13.00 ➝ C$12.00
2/9/2021ScotiabankBoost Price TargetC$12.00 ➝ C$13.50
1/21/2021Credit Suisse GroupReiterated RatingSector Perform
1/20/2021Credit Suisse GroupBoost Price TargetC$16.00 ➝ C$17.50
1/20/2021CSFBBoost Price TargetC$16.00 ➝ C$17.50
1/13/2021CIBCUpgradeNeutral ➝ OutperformC$10.00 ➝ C$13.00
12/7/2020BMO Capital MarketsBoost Price TargetSector PerformC$8.00 ➝ C$10.00
11/11/2020National Bank FinancialLower Price TargetSector PerformC$11.00 ➝ C$10.00
11/5/2020National Bank FinancialLower Price TargetSector PerformC$11.00 ➝ C$10.00
7/29/2020Credit Suisse GroupBoost Price TargetC$10.00 ➝ C$11.50
7/29/2020CSFBBoost Price TargetC$10.00 ➝ C$11.50
7/6/2020AltaCorp CapitalReiterated RatingOutperform
4/23/2020CIBCBoost Price 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 Price TargetC$10.00 ➝ C$11.00
3/5/2020TD SecuritiesBoost Price TargetBuyC$12.00 ➝ C$13.00
2/10/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$11.00 ➝ C$13.00
2/7/2020ScotiabankBoost Price TargetC$11.00 ➝ C$12.00
1/30/2020CIBCBoost Price TargetC$9.50 ➝ C$10.00
1/29/2020National Bank FinancialBoost Price TargetSector PerformC$10.00 ➝ C$11.00
10/23/2019CIBCLower Price TargetC$10.00 ➝ C$9.50
8/13/2019National Bank FinancialLower Price TargetSector PerformC$11.00 ➝ C$10.00
5/3/2019CIBCBoost Price TargetC$9.00 ➝ C$10.00
3/27/2019National Bank FinancialBoost Price TargetSector PerformC$9.50 ➝ C$11.00
3/26/2019Royal Bank of CanadaBoost Price TargetSector PerformC$9.00 ➝ C$11.00
3/26/2019BMO Capital MarketsBoost Price TargetC$9.00 ➝ C$10.00
3/26/2019TD SecuritiesUpgradeHold ➝ BuyC$8.50 ➝ C$12.00
3/21/2019National Bank FinancialBoost Price TargetSector PerformC$9.00 ➝ C$9.50
3/19/2019CSFBUpgradeUnderperform ➝ NeutralC$7.00 ➝ C$10.00
2/28/2019TD SecuritiesBoost Price TargetHoldC$8.00 ➝ C$8.50
2/28/2019CIBCBoost Price TargetC$8.00 ➝ C$9.00
2/28/2019BMO Capital MarketsBoost Price 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 Price TargetSector PerformC$9.00 ➝ C$8.00
12/18/2018BMO Capital MarketsLower Price TargetMarket PerformC$8.50 ➝ C$8.00
10/24/2018CIBCLower Price TargetC$8.50 ➝ C$8.00
9/11/2018BMO Capital MarketsBoost Price TargetC$7.50 ➝ C$8.50
8/7/2018CIBCBoost Price TargetC$8.00 ➝ C$8.50
8/7/2018National Bank FinancialBoost Price TargetSector PerformC$8.00 ➝ C$9.00
5/9/2018CIBCLower Price TargetC$8.50 ➝ C$8.00
5/9/2018BMO Capital MarketsLower Price TargetC$8.00 ➝ C$7.50
5/4/2018Canaccord GenuitySet Price TargetHoldC$7.00
3/6/2018ScotiabankSet Price TargetOutperformC$9.00
3/5/2018BMO Capital MarketsBoost Price TargetMarket PerformC$7.50 ➝ C$8.00
3/5/2018GMP SecuritiesBoost Price TargetC$8.25 ➝ C$8.50
2/28/2018ScotiabankUpgradeSector Perform ➝ OutperformC$9.00
2/6/2018BMO Capital MarketsLower Price TargetC$8.00 ➝ C$7.50
1/29/2018National Bank FinancialLower Price TargetSector PerformC$9.50 ➝ C$8.00
12/7/2017ScotiabankBoost Price TargetSector PerformC$8.00 ➝ C$9.00
12/7/2017CIBCBoost Price TargetC$8.25 ➝ C$8.50
12/7/2017CSFBBoost Price TargetUnderperformC$7.00 ➝ C$8.00
12/7/2017National Bank FinancialBoost Price TargetSector PerformC$9.00 ➝ C$9.50
12/7/2017Royal Bank of CanadaBoost Price TargetSector PerformC$8.00 ➝ C$9.00
8/11/2017ScotiabankSet Price TargetSector PerformC$8.00
8/2/2017National Bank FinancialBoost Price TargetSector PerformC$8.50 ➝ C$9.00
5/23/2017BMO Capital MarketsReiterated RatingMarket PerformC$8.00
4/21/2017TD SecuritiesReiterated RatingHoldC$8.00
3/6/2017ScotiabankBoost Price TargetSector PerformC$7.75 ➝ C$8.00
3/6/2017TD SecuritiesReiterated RatingHoldC$8.00
2/13/2017National Bank FinancialDowngradeOutperform ➝ Sector PerformC$9.00 ➝ C$8.50
12/30/2016National Bank FinancialSet Price TargetOutperformC$9.00
12/30/2016BMO Capital MarketsSet Price TargetC$8.00
12/30/2016CSFBSet Price TargetC$7.00
12/20/2016ScotiabankBoost Price TargetSector PerformC$7.50 ➝ C$7.75
12/1/2016TD SecuritiesReiterated RatingHoldC$8.00
12/1/2016ScotiabankLower Price TargetSector PerformC$8.50 ➝ C$7.50
12/1/2016Royal Bank of CanadaBoost Price TargetSector PerformC$6.00 ➝ C$8.00
11/25/2016TD SecuritiesBoost Price TargetHoldC$7.00 ➝ C$8.00
11/25/2016ScotiabankReiterated RatingSector PerformC$8.50 ➝ C$6.50
11/25/2016National Bank FinancialBoost Price TargetOutperformC$6.50 ➝ C$7.50
11/25/2016BMO Capital MarketsBoost Price TargetMarket PerformC$6.50 ➝ C$7.50
11/25/2016Royal Bank of CanadaBoost Price TargetSector PerformC$6.50 ➝ C$7.50
11/24/2016National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Market Weight
11/7/2016ScotiabankReiterated RatingUnderperform ➝ Sector PerformC$6.50
11/7/2016TD SecuritiesReiterated RatingHoldC$7.00
11/1/2016Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$15.00
8/25/2016CIBCLower Price TargetC$11.00 ➝ C$10.00
8/11/2016Royal Bank of CanadaBoost Price TargetC$5.50 ➝ C$6.00
8/10/2016TD SecuritiesLower Price TargetHoldC$7.50 ➝ C$7.00
8/10/2016ScotiabankReiterated RatingUnderperformC$6.50
8/10/2016Royal Bank of CanadaBoost Price TargetC$5.50 ➝ C$6.00
8/10/2016FirstEnergy CapitalBoost Price TargetC$5.25 ➝ C$5.75
7/20/2016CIBCBoost Price TargetC$7.75 ➝ C$8.00
7/18/2016National Bank FinancialBoost Price TargetC$6.00 ➝ C$6.50
(Data available from 6/22/2016 forward)
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 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.
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Today's Range

Now: C$12.15
Low: C$11.80
High: C$12.26

50 Day Range

MA: C$11.70
Low: C$10.93
High: C$12.39

52 Week Range

Now: C$12.15
Low: C$7.67
High: 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?

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.