TransAlta Corporation – Consensus Indicates Potential 28.1% Upside

Broker Ratings
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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 and has a mean target at 12.84. Now with the previous closing price of 10.02 this would imply there is a potential upside of 28.1%. The 50 day moving average now sits at 10.35 and the 200 moving average now moves to 10.38. The company has a market cap of $2,705m. Visit the company website at: https://www.transalta.com

The potential market cap would be $3,466m 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.

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