TransAlta Corporation found using ticker (TAC) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 7.08 and 5.9 calculating the average target price we see 6.43. Given that the stocks previous close was at 6.51 this would imply there is a potential downside of -1.2%. The day 50 moving average is 6.29 and the 200 day MA is 6.15. The market capitalisation for the company is $1,797m. Find out more information at: http://www.transalta.com
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.
