S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months

TransAlta (TA) Stock Forecast & Price Target

C$10.95
-0.10 (-0.90%)
(As of 12/8/2023 08:59 PM ET)
Compare
Today's Range
C$10.93
▼
C$11.12
50-Day Range
C$10.15
▼
C$11.96
52-Week Range
C$10.02
▼
C$13.97
Volume
413,475 shs
Average Volume
655,417 shs
Market Capitalization
C$3.39 billion
P/E Ratio
5.17
Dividend Yield
2.19%
Price Target
C$16.32
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades

TransAlta Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Buy
Based on 11 Analyst Ratings

Analysts' Consensus Price Target

C$16.32
49.02% Upside
High ForecastC$18.50
Average ForecastC$16.32
Low ForecastC$14.00
TypeCurrent Forecast
12/11/22 to 12/11/23		1 Month Ago
11/11/22 to 11/11/23		3 Months Ago
9/12/22 to 9/12/23		1 Year Ago
12/11/21 to 12/11/22
Consensus Rating
Buy
Buy
Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$16.32C$16.50C$17.05C$16.50
Predicted Upside49.02% Upside35.61% Upside30.23% Upside26.02% Upside
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TA Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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TransAlta Stock vs. The Competition

TypeTransAltaUtilities Companies
Consensus Rating Score
3.00
2.41
Consensus RatingBuyHold
News Sentiment RatingNegative News
Positive News

Recent Analyst Ratings and Stock Forecasts

Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/22/2023TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuyC$16.00 ➝ C$15.50+41.94%
11/22/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperformC$16.00 ➝ C$15.00+37.36%
11/8/2023CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperformC$17.50 ➝ C$18.00+62.16%
10/25/2023Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperformC$17.00 ➝ C$15.50+49.18%
10/19/2023National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperformC$15.00 ➝ C$14.00+30.60%
10/19/2023ATB Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetC$19.00 ➝ C$17.00+58.58%
9/8/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperformC$20.00 ➝ C$17.00+30.57%
8/9/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetNeutralC$13.00 ➝ C$14.00+2.26%
8/8/2023Industrial Alliance Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetStrong-BuyC$17.00 ➝ C$17.50+28.77%
5/16/2023CSFB
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetC$17.00 ➝ C$18.50+39.20%
12/15/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperformC$17.00 ➝ C$17.50+38.45%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 04:26 AM ET.












TA Price Target - Frequently Asked Questions

What is TransAlta's consensus rating and price target?

According to the issued ratings of 11 analysts in the last year, the consensus rating for TransAlta stock is Buy based on the current 1 hold rating, 9 buy ratings and 1 strong buy rating for TA. The average twelve-month price prediction for TransAlta is C$16.32 with a high price target of C$18.50 and a low price target of C$14.00. Learn more on TA's analyst rating history.

Do Wall Street analysts like TransAlta more than its competitors?

Analysts like TransAlta more than other Utilities companies. The consensus rating for TransAlta is Buy while the average consensus rating for utilities companies is Hold. Learn more on how TA compares to other companies.

Does TransAlta's stock price have much upside?

According to analysts, TransAlta's stock has a predicted upside of 36.03% based on their 12-month stock forecasts.

What analysts cover TransAlta?

TransAlta has been rated by ATB Capital, CIBC, National Bankshares, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.


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This page (TSE:TA) was last updated on 12/11/2023 by MarketBeat.com Staff

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