TransAlta Corporation with ticker code (TAC) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘None’. The target price ranges between 13.72 and 10.98 with the average target price sitting at 12.84. With the stocks previous close at 10.38 this now indicates there is a potential upside of 23.7%. There is a 50 day moving average of 10.69 while the 200 day moving average is 10.32. The market capitalisation for the company is $2,780m. You can visit the company’s website by visiting: https://www.transalta.com
The potential market cap would be $3,439m 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.
