Transalta Corp. (TAC) Social Stream



Transalta Corp. (TAC): $6.62

0.10 (+1.53%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

B

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Industry: Utilities - Foreign

Industry

C

Ranked

#9 of 53

in industry

TRANSALTA CORP (TAC) Price Targets From Analysts

Use the tables below to see what analysts covering TRANSALTA CORP think about its future price and what recommendations they have for investors and traders.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-09 3 $13.2 $7.8 $10.517 $7.93 32.62%
2021-11-10 3 $13.2 $7.8 $10.75 $7.93 35.56%
2022-02-07 3 $13.26 $10.8 $11.753 $7.93 48.21%
2022-02-25 3 $13.26 $11.2 $12.23 $7.93 54.22%
2022-04-05 4 $13.26 $10.2 $11.553 $7.93 45.69%
2022-04-11 4 $13.26 $11.1 $11.853 $7.93 49.47%
2022-05-08 4 $13.26 $11.2 $12.053 $7.93 51.99%
2022-05-09 4 $13.26 $11.2 $12.275 $7.93 54.79%
2022-06-03 3 $13.26 $11.55 $12.45 $7.93 57%
2022-08-07 3 $13.48 $11.55 $12.43 $7.93 56.75%
2022-08-08 4 $13.48 $11.55 $12.43 $7.93 56.75%
2022-09-17 4 $14.04 $11.55 $12.752 $7.93 60.81%
2022-09-20 5 $14.04 $10.5 $12.532 $7.93 58.03%
2022-10-23 5 $17.001 $10.5 $13.276 $7.93 67.41%
2022-10-24 5 $17.001 $9.49 $12.933 $7.93 63.09%
2022-10-25 5 $17.001 $9.529 $12.94 $7.93 63.18%
2022-12-15 5 $14.04 $10.46 $12.166 $7.93 53.42%
2023-01-26 7 $16 $10.5 $12.827 $7.93 61.75%
2023-02-23 7 $16 $9.7 $12.712 $7.93 60.3%
2023-02-24 7 $16 $9.7 $12.585 $7.93 58.7%
2023-04-20 7 $16 $9.7 $12.608 $7.93 58.99%
2023-04-21 7 $16 $9.7 $12.558 $7.93 58.36%
2023-04-27 7 $16 $9 $12.471 $7.93 57.26%
2023-05-08 7 $16 $9 $12.569 $7.93 58.5%
2023-07-25 7 $16 $10 $12.712 $7.93 60.3%
2023-08-08 7 $16 $10.36 $12.842 $7.93 61.94%
2023-08-09 8 $16 $11 $13.155 $7.93 65.89%
2023-09-08 9 $16 $11 $13.07 $7.93 64.82%
2023-10-06 9 $16 $11 $12.921 $7.93 62.94%
2023-10-10 9 $16 $11 $12.816 $7.93 61.61%
2023-11-07 9 $16 $10.22 $12.526 $7.93 57.96%
2023-11-14 9 $16 $10.22 $12.37 $7.93 55.99%
2023-11-22 9 $13.3 $10.22 $11.763 $7.93 48.34%

The Trend in the Analyst Price Target


TAC's average price target has moved down $0.47 over the prior 21 months.

TAC reports an average of 38.9% for its upside potential over the past 43 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-02-02 7 16 9.70 12.712 9.55 33.11%
2023-02-23 7 16 9.70 12.712 8.60 47.81%
2023-04-13 7 16 9.70 12.608 9.28 35.86%
2023-05-08 7 16 9.00 12.569 9.77 28.65%
2023-10-18 9 16 10.22 12.526 7.83 59.97%

TAC Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.33 7 1 1 0 0 9

The Trend in the Broker Recommendations


TAC's average broker recommendation rating improved by 0.57 over the prior 46 months.

The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.

  • TAC has a higher average analyst price target than 606.62% of all US stocks.
  • To contextualize these metrics, consider that out of Utilities stocks, TRANSALTA CORP's upside potential (average analyst target price relative to current price) is greater than 3690.29% of them.
  • TAC has a lower variance in analysts' estimates than -2694.04% of Utilities stocks.
  • In the context of Utilities stocks, TRANSALTA CORP's number of analysts covering the stock is greater than 888.77% of them.

In the Utilities industry, ENIC, KEN, and BKH are the three stocks most similar to TRANSALTA CORP regarding the price target and analyst recommendation information presented here.

Is TAC a Buy, Hold or Sell? See the POWR Ratings now!


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