TransAlta Corporation found using ticker (TAC) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 13.74 and 10.35 calculating the mean target price we have 12.36. Given that the stocks previous close was at 10.72 this would indicate that there is a potential upside of 15.3%. The day 50 moving average is 10.33 and the 200 day MA is 10.5. The market capitalisation for the company is $3,005m. You can visit the company’s website by visiting: https://www.transalta.com
The potential market cap would be $3,465m 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.
