Transalta Corp. (TAC) Social Stream
TRANSALTA CORP (TAC) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering TRANSALTA CORP.
| 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 | $8.14 | 29.2% |
| 2021-11-10 | 3 | $13.2 | $7.8 | $10.75 | $8.14 | 32.06% |
| 2022-02-07 | 3 | $13.26 | $10.8 | $11.753 | $8.14 | 44.39% |
| 2022-02-25 | 3 | $13.26 | $11.2 | $12.23 | $8.14 | 50.25% |
| 2022-04-05 | 4 | $13.26 | $10.2 | $11.553 | $8.14 | 41.93% |
| 2022-04-11 | 4 | $13.26 | $11.1 | $11.853 | $8.14 | 45.61% |
| 2022-05-08 | 4 | $13.26 | $11.2 | $11.886 | $8.14 | 46.02% |
| 2022-05-09 | 4 | $13.26 | $11.2 | $12.275 | $8.14 | 50.8% |
| 2022-06-03 | 3 | $13.26 | $11.55 | $12.45 | $8.14 | 52.95% |
| 2022-08-07 | 3 | $13.48 | $11.55 | $12.43 | $8.14 | 52.7% |
| 2022-08-08 | 4 | $13.48 | $11.55 | $12.43 | $8.14 | 52.7% |
| 2022-09-17 | 4 | $14.04 | $11.55 | $12.752 | $8.14 | 56.66% |
| 2022-09-20 | 4 | $14.04 | $10.5 | $12.532 | $8.14 | 53.96% |
| 2022-10-23 | 5 | $17.001 | $10.5 | $13.276 | $8.14 | 63.1% |
| 2022-10-24 | 5 | $17.001 | $9.49 | $12.933 | $8.14 | 58.88% |
| 2022-10-25 | 5 | $17.001 | $9.529 | $12.94 | $8.14 | 58.97% |
| 2022-12-15 | 5 | $14.04 | $10.46 | $12.166 | $8.14 | 49.46% |
| 2023-01-26 | 7 | $16 | $10.5 | $12.827 | $8.14 | 57.58% |
| 2023-02-23 | 7 | $16 | $9.7 | $12.712 | $8.14 | 56.17% |
| 2023-02-24 | 7 | $16 | $9.7 | $12.585 | $8.14 | 54.61% |
The Trend in the Analyst Price Target
TAC's average price target has moved up $4.17 over the prior 26 months.
Over the past 48 weeks, TAC's average upside potential has been 27.95%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-07-26 | 3 | 13.480 | 11.550 | 12.430 | 11.21 | 10.88% |
| 2022-09-20 | 4 | 14.040 | 10.500 | 12.532 | 9.38 | 33.6% |
| 2022-10-25 | 5 | 17.001 | 9.529 | 12.940 | 8.76 | 47.72% |
| 2022-11-09 | 5 | 14.040 | 10.460 | 12.166 | 9.37 | 29.84% |
| 2022-12-16 | 7 | 16.000 | 10.460 | 12.714 | 9.30 | 36.71% |
TAC Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.71 | 4 | 1 | 2 | 0 | 0 | 7 |
The Trend in the Broker Recommendations
Over the past 21 months, TAC's average broker recommendation rating improved by 0.79.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for TAC as an investment opportunity.
- TRANSALTA CORP's average analyst price target is greater than 83.94% of Utilities stocks.
- TAC has a greater upside potential (average analyst target price relative to current price) than 2111.87% of Utilities stocks.
- TRANSALTA CORP's number of analysts covering the stock is greater than 345.47% of Utilities stocks.
- TAC has a lower variance in analysts' estimates than -1237.3% of Utilities stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Utilities industry with the ratings most similar to TRANSALTA CORP are ENIC, PAM, and AY.
View All Top Stocks by Price Target
Is TAC a Buy, Hold or Sell? See the POWR Ratings now!