TransAlta Corporation with ticker code (TAC) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘None’. The target price ranges between 13.72 and 10.98 calculating the mean target price we have 12.84. Now with the previous closing price of 10.36 this would indicate that there is a potential upside of 23.9%. The 50 day moving average now sits at 10.22 and the 200 day MA is 10.39. The market cap for the company is $2,816m. You can visit the company’s website by visiting: https://www.transalta.com
The potential market cap would be $3,490m 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.
