TransAlta Corporation found using ticker (TAC) have now 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 14.45 and 10.12 calculating the average target price we see 12.14. Given that the stocks previous close was at 8.5 this would imply there is a potential upside of 42.8%. The 50 day MA is 9.69 while the 200 day moving average is 10.51. The market capitalisation for the company is $2,251m. Visit the company website at: https://www.transalta.com
The potential market cap would be $3,216m 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.
