TransAlta Corporation found using ticker (TAC) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 14.09 and 10.41 with a mean TP of 12.57. Given that the stocks previous close was at 9.95 this indicates there is a potential upside of 26.3%. There is a 50 day moving average of 11.16 and the 200 moving average now moves to 10.77. The company has a market cap of $2,730m. Company Website: https://www.transalta.com
The potential market cap would be $3,449m 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.
