• Consensus Rating: Moderate Buy
  • Consensus Price Target: $19.50
  • Forecasted Upside: 107.34%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 1 Strong Buy Ratings
$9.41
▼ -0.255 (-2.64%)

This chart shows the closing price for TAC by one month, three months, or twelve months.

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1 month | 3 months | 12 months
JanFebMar$9.40Closing price on 03/13/25:
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Analyst Price Target for TAC

Analyst Price Target is $19.50
▲ +107.34% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for TransAlta in the last 3 months. The average price target is $19.50, with a high forecast of $19.50 and a low forecast of $19.50. The average price target represents a 107.34% upside from the last price of $9.41.

This chart shows the closing price for TAC for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart
3/246/249/2412/243/253/26$4.24$8.06$12$16$20Closing price on 03/13/25: $9.40High$19.50Average$19.50Low$19.50




Current Consensus is Moderate Buy

The current consensus among 3 contributing investment analysts is to moderate buy stock in TransAlta. This rating changed within the last month from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/21/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/20/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/19/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/17/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/15/2024
  • 1 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/14/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
2/12/2025
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/14/2025

Latest Recommendations

  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
2/18/2025Cibc World MktsUpgradeHold ➝ Strong-Buy
2/18/2025CIBCUpgradeNeutral ➝ Outperformer$23.00 ➝ $19.50
1/23/2025ScotiabankDowngradeSector Outperform ➝ Sector Perform
1/8/2025Cibc World MktsDowngradeStrong-Buy ➝ Hold
1/8/2025CIBCDowngradeSector Outperform ➝ Neutral
12/5/2024ScotiabankUpgradeStrong-Buy
11/6/2024DesjardinsReiterated RatingBuy ➝ Hold
10/30/2024DesjardinsInitiated CoverageBuy ➝ Buy
10/6/2023TD SecuritiesInitiated CoverageBuy
4/12/2023Credit Suisse GroupUpgradeNeutral ➝ Outperform
2/1/2023Credit Suisse GroupDowngradeOutperform ➝ Neutral
1/27/2023National Bank FinancialUpgradeSector Perform ➝ Outperform
12/16/2022Royal Bank of CanadaLower TargetOutperform$17.00 ➝ $16.00
11/9/2022National Bank FinancialBoost TargetC$13.00 ➝ C$14.00
11/9/2022Credit Suisse GroupBoost TargetC$15.00 ➝ C$17.00
11/9/2022ScotiabankBoost TargetC$15.50 ➝ C$16.00
11/9/2022TD SecuritiesLower TargetC$18.00 ➝ C$17.50
10/20/2022ScotiabankLower TargetC$17.00 ➝ C$15.50
9/26/2022ScotiabankBoost TargetC$16.50 ➝ C$17.00
5/9/2022National Bank FinancialBoost TargetC$14.00 ➝ C$15.00
3/22/2022Bank of AmericaDowngradeBuy ➝ Neutral
1/12/2022TD SecuritiesLower TargetC$17.50 ➝ C$17.00
1/11/2022CIBCBoost TargetC$16.50 ➝ C$17.00
12/24/2021ATB CapitalReiterated RatingBuyC$17.00
11/11/2021National Bank FinancialBoost TargetSector Perform$13.00 ➝ $14.00
11/11/2021National BanksharesBoost TargetSector PerformC$13.00 ➝ C$14.00
11/10/2021BMO Capital MarketsBoost TargetOutperformC$16.00 ➝ C$17.00
11/10/2021CIBCBoost TargetOutperformC$16.00 ➝ C$16.50
11/10/2021Royal Bank of CanadaBoost TargetOutperformC$14.00 ➝ C$17.00
11/10/2021ScotiabankBoost TargetOutperformC$16.00 ➝ C$16.50
11/10/2021TD SecuritiesBoost TargetBuyC$16.50 ➝ C$17.50
11/1/2021Credit Suisse GroupLower TargetOutperformC$18.00 ➝ C$17.50
9/29/2021CIBCBoost TargetOutperformC$15.00 ➝ C$16.00
8/12/2021National Bank FinancialBoost TargetSector Perform ➝ Sector PerformC$12.00 ➝ C$13.00
8/11/2021CIBCBoost TargetOutperformC$14.50 ➝ C$15.00
8/11/2021BMO Capital MarketsBoost TargetOutperformC$14.50 ➝ C$15.50
8/11/2021TD SecuritiesBoost TargetBuyC$15.00 ➝ C$15.50
7/21/2021CIBCBoost TargetOutperformC$13.50 ➝ C$14.50
6/1/2021BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
5/25/2021Credit Suisse GroupLower TargetOutperformC$18.50 ➝ C$18.00
5/14/2021BMO Capital MarketsBoost TargetMarket PerformC$11.50 ➝ C$12.00
5/14/2021Royal Bank of CanadaBoost TargetOutperformC$13.00 ➝ C$14.00
4/20/2021CIBCBoost TargetOutperform$13.00 ➝ $13.50
4/16/2021ScotiabankBoost TargetOutperform$13.50 ➝ $14.50
3/19/2021Credit Suisse GroupBoost TargetOutperform$17.50 ➝ $18.50
3/5/2021National Bank FinancialReiterated RatingSector Perform
3/4/2021Royal Bank of CanadaBoost TargetOutperform$11.00 ➝ $13.00
3/4/2021TD SecuritiesBoost TargetBuy$11.00 ➝ $12.50
2/9/2021ScotiabankBoost TargetOutperform$12.00 ➝ $13.50
1/27/2021National Bank FinancialReiterated RatingSector Perform
1/13/2021CIBCUpgradeNeutral ➝ Outperform
12/24/2020Credit Suisse GroupBoost TargetOutperform$12.00 ➝ $16.00
12/7/2020BMO Capital MarketsBoost TargetMarket Perform$8.00 ➝ $10.00
11/5/2020CIBCBoost TargetNeutral$9.50 ➝ $10.00
7/21/2020CIBCDowngradeOutperform ➝ Neutral
7/6/2020AltaCorp CapitalReiterated RatingOutperform$11.00
5/13/2020Industrial Alliance SecuritiesDowngradeHold$9.00
4/26/2020Royal Bank of CanadaReiterated RatingBuy$11.00
4/8/2020Royal Bank of CanadaReiterated RatingBuy$11.00
3/20/2020CIBCUpgradeNeutral ➝ Outperform$8.50
(Data available from 3/14/2020 forward)

News Sentiment Rating

1.05 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 10 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/16/2024
  • 5 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/15/2024
  • 12 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/15/2024
  • 4 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/14/2024
  • 15 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/14/2024
  • 8 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/13/2025
  • 6 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/12/2025
  • 11 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/14/2025

Current Sentiment

  • 11 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
TransAlta logo
TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario. The Wind and Solar segment has a net ownership interest of approximately 2,057 MW of owned wind and solar electrical-generating capacity, as well as battery storage facilities located in Alberta, Ontario, New Brunswick, and Québec in Canada; the states of Massachusetts, Minnesota, New Hampshire, North Carolina, Pennsylvania, Washington, and Wyoming in the United States; and the state of Western Australia. The Gas segment has a net ownership interest of approximately 2,775 MW of owned gas electrical-generating capacity, and facilities located in Alberta, Ontario, Michigan, and the state of Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW of owned coal electrical-generating capacity, as well as operates the Skookumchuck hydro facility in Centralia; and engages in the highvale mine and the mine reclamation activities. The Energy Marketing segment is involved in the trading of power, natural gas, and environmental products. It serves customers in various industry segments, including commercial real estate, municipal, manufacturing, industrial, hospitality, finance, and oil and gas. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.
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Today's Range

Now: $9.41
Low: $9.38
High: $9.74

50 Day Range

MA: $11.46
Low: $8.75
High: $14.46

52 Week Range

Now: $9.41
Low: $5.94
High: $14.64

Volume

800,615 shs

Average Volume

2,190,121 shs

Market Capitalization

$2.80 billion

P/E Ratio

22.94

Dividend Yield

1.78%

Beta

0.89

Frequently Asked Questions

What sell-side analysts currently cover shares of TransAlta?

The following equities research analysts have issued stock ratings on TransAlta in the last twelve months: CIBC, Cibc World Mkts, Desjardins, Scotiabank, and StockNews.com.
View the latest analyst ratings for TAC.

What is the current price target for TransAlta?

0 Wall Street analysts have set twelve-month price targets for TransAlta in the last year. Their average twelve-month price target is $19.50, suggesting a possible upside of 107.3%. CIBC has the highest price target set, predicting TAC will reach $19.50 in the next twelve months. CIBC has the lowest price target set, forecasting a price of $19.50 for TransAlta in the next year.
View the latest price targets for TAC.

What is the current consensus analyst rating for TransAlta?

TransAlta currently has 2 hold ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for TAC.

What other companies compete with TransAlta?

How do I contact TransAlta's investor relations team?

TransAlta's physical mailing address is 110 12TH AVE SW BOX 1900 STATION M CALGARY ALBERTA, CALGARY A0, T2P2M1. The utilities provider's listed phone number is (403) 267-7110 and its investor relations email address is investor_relations@transalta.com. The official website for TransAlta is www.transalta.com. Learn More about contacing TransAlta investor relations.