TransAlta Corporation with ticker code (TAC) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 14.4 and 10.27 and has a mean target at 12.57. With the stocks previous close at 11.34 this is indicating there is a potential upside of 10.8%. The 50 day moving average now sits at 11.31 and the 200 moving average now moves to 10.81. The market cap for the company is $2,900m. You can visit the company’s website by visiting: https://www.transalta.com
The potential market cap would be $3,215m based on the market concensus.
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.
