TransAlta Corporation found using ticker (TAC) now have 4 analysts in total covering the stock. The consensus rating is ‘None’. The range between the high target price and low target price is between 13.72 and 10.98 calculating the mean target price we have 12.84. With the stocks previous close at 10.63 this now indicates there is a potential upside of 20.8%. There is a 50 day moving average of 10.7 and the 200 day moving average is 10.3. The company has a market capitalisation of $2,835m. You can visit the company’s website by visiting: https://www.transalta.com
The potential market cap would be $3,424m 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 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.