TransAlta Corporation with ticker code (TAC) have now 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 14.09 and 10.41 with the average target price sitting at 12.57. Now with the previous closing price of 9.98 this would imply there is a potential upside of 26.0%. The 50 day MA is 11.19 and the 200 day moving average is 10.78. The company has a market cap of $2,693m. Visit the company website at: https://www.transalta.com
The potential market cap would be $3,392m 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.
