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Home โบ Stocks โบ TransAlta Corporation (TAC) Stock Forecast & Price Prediction Canada | NYSE | Utilities | Utilities - Independent Power Producers
$10.60
-0.39 (-3.55%)Did TAC Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if TransAlta is one of their latest high-conviction picks.
TAC has shown a year-to-date change of -25.1% and a 1-year change of 53.2%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for TAC. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for TAC.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 8, 2025 | RBC Capital | Maurice Choy | Outperform | Maintains | $20.00 |
Feb 18, 2025 | CIBC | Mark Jarvi | Outperformer | Upgrade | $19.50 |
Dec 16, 2022 | RBC Capital | Maurice Choy | Outperform | Maintains | $16.00 |
Feb 10, 2020 | RBC Capital | Maurice Choy | Outperform | Upgrade | $13.00 |
Jan 16, 2020 | Credit Suisse | Outperform | Upgrade | $0.00 | |
Jan 23, 2019 | National Bank Financial Inc | Outperform | Upgrade | $0.00 | |
Jan 23, 2019 | National Bank Financial | Outperform | Upgrade | $0.00 | |
May 25, 2018 | TD Securities | Hold | Initiates | $0.00 | |
Nov 7, 2016 | RBC Capital | Sector Perform | Upgrade | $0.00 | |
May 4, 2016 | RBC Capital | Underperform | Downgrade | $0.00 | |
Apr 22, 2016 | Credit Suisse | Underperform | Downgrade | $0.00 | |
Jan 15, 2016 | BMO Capital | Market Perform | Downgrade | $0.00 | |
Nov 23, 2015 | RBC Capital | Sector Perform | Upgrade | $0.00 | |
Aug 24, 2015 | BMO Capital | Outperform | Upgrade | $0.00 | |
Apr 17, 2014 | BMO Capital | Market Perform | Maintains | $0.00 | |
Apr 16, 2014 | BMO Capital | Market Perform | Maintains | $13.50 | |
Jul 24, 2012 | BMO Capital | Market Perform | Maintains | $17.50 |
The following stocks are similar to TransAlta based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
TransAlta Corporation has a market capitalization of $3.26B with a P/E ratio of 1,099.0x. The company generates $1.95B in trailing twelve-month revenue with a 2.0% profit margin.
Revenue growth is -20.0% quarter-over-quarter, while maintaining an operating margin of +14.2% and return on equity of +2.3%.
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Power generation and wholesale marketing company.
TransAlta generates and sells electricity through a diversified portfolio of assets, including coal, natural gas, hydro, wind, and solar power. The company operates in multiple countries, leveraging its capabilities to meet energy demands in both domestic and international markets.
TransAlta is committed to sustainability and is transitioning from coal to cleaner energy sources, aligning with global efforts to reduce carbon emissions. Its diverse energy portfolio is essential for providing reliable electricity to various sectors, highlighting its significance in the future of energy production.
Utilities
Utilities - Independent Power Producers
1,165
Mr. John Harry Kousinioris
Canada
2001
TransAlta upgraded from Hold to Buy on a new share buyback program and potential long-term LNG-driven price increases in Alberta, benefiting its merchant generation portfolio.
TransAlta's upgrade to Buy reflects potential share price support from a buyback program and favorable market conditions from LNG developments, enhancing profitability for its power generation.
TransAlta Corporation (TSX: TA, NYSE: TAC) has received TSX approval to proceed with a normal course issuer bid for its common shares.
TransAlta's NCIB signals confidence in its stock value, potentially boosting share prices and providing a return to shareholders, impacting overall investor sentiment and strategy.
TransAlta Corporation (TSX: TA, NYSE: TAC) announced its Q1 2025 financial results, covering the period ended March 31, 2025. Detailed financial performance metrics were released.
TransAlta's Q1 financial results can influence stock performance, affecting investor sentiment and potential future growth or risks in the energy sector.
TransAlta Corporation (NYSE:TAC) will hold its Q1 2025 Earnings Conference Call on May 7, 2025, at 11:00 AM ET, featuring key executives and analysts from major financial institutions.
The earnings conference call signals upcoming financial results that can influence TransAlta's stock price and investor sentiment, impacting investment decisions.
TransAlta's stock has returned to its previous level, offering a better margin of safety for investors compared to the last analysis.
The mention of a larger margin of safety suggests a potentially lower risk for investors considering TransAlta, indicating a more favorable entry point for future gains.
TransAlta Corporation held its Annual and Special Meeting on April 24, 2025, with 188.96 million shares represented, accounting for 63.43% of outstanding shares.
High shareholder participation at TransAlta's meeting signals strong investor interest and engagement, which can influence stock stability and governance decisions.
Analyst forecasts for TransAlta Corporation (TAC) are not currently available. The stock is trading at $10.60.
According to current analyst ratings, TAC has 8 Buy ratings, 2 Hold ratings, and 1 Sell ratings. The stock is currently trading at $10.60. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for TAC are not currently available. The stock is trading at $10.60.
TransAlta generates and sells electricity through a diversified portfolio of assets, including coal, natural gas, hydro, wind, and solar power. The company operates in multiple countries, leveraging its capabilities to meet energy demands in both domestic and international markets.
Price targets from Wall Street analysts for TAC are not currently available. The stock is trading at $10.60.
Price targets from Wall Street analysts for TAC are not currently available. The stock is trading at $10.60.
The overall analyst consensus for TAC is bullish. Out of 3 Wall Street analysts, 8 rate it as Buy, 2 as Hold, and 1 as Sell.
Stock price projections, including those for TransAlta Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.