TransAlta Corporation found using ticker (TAC) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘None’. The range between the high target price and low target price is between 13.72 and 10.98 calculating the average target price we see 12.84. Now with the previous closing price of 9.75 this would indicate that there is a potential upside of 31.7%. There is a 50 day moving average of 10.61 and the 200 moving average now moves to 10.34. The company has a market capitalisation of $2,669m. Company Website: https://www.transalta.com
The potential market cap would be $3,515m 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.
