National Bank Financial Boosts TransAlta (TA) Price Target to C$9.50

Share on StockTwits

TransAlta (TSE:TA) (NYSE:TAC) had its price target lifted by National Bank Financial from C$9.00 to C$9.50 in a report published on Thursday morning. National Bank Financial currently has a sector perform rating on the stock.

Other equities analysts have also recently issued reports about the stock. CIBC lifted their price target on shares of TransAlta from C$8.00 to C$9.00 in a research report on Thursday, February 28th. BMO Capital Markets lifted their price target on shares of TransAlta from C$8.00 to C$9.00 in a research report on Thursday, February 28th. TD Securities lifted their price target on shares of TransAlta from C$8.00 to C$8.50 and gave the stock a hold rating in a research report on Thursday, February 28th. Finally, CSFB raised shares of TransAlta from an underperform rating to a neutral rating and boosted their price objective for the company from C$7.00 to C$10.00 in a research report on Tuesday, March 19th. Five equities research analysts have rated the stock with a hold rating, TransAlta currently has a consensus rating of Hold and an average price target of C$8.83.

Shares of TSE TA opened at C$9.08 on Thursday. The firm has a market cap of $2.59 billion and a PE ratio of -10.51. TransAlta has a twelve month low of C$5.44 and a twelve month high of C$9.27. The company has a current ratio of 1.50, a quick ratio of 0.82 and a debt-to-equity ratio of 79.03.

TransAlta Company Profile

TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. The company operates through eight segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing, and Corporate.

See Also: Compound Annual Growth Rate (CAGR)

Analyst Recommendations for TransAlta (TSE:TA)

Receive News & Ratings for TransAlta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransAlta and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Rock Point Advisors LLC Sells 15,830 Shares of Clearbridge Energy MidstreamOprtntyFdInc
Rock Point Advisors LLC Sells 15,830 Shares of Clearbridge Energy MidstreamOprtntyFdInc
Overstock.com  Shares Gap Down to $9.90
Overstock.com Shares Gap Down to $9.90
Freestone Capital Holdings LLC Sells 13,972 Shares of Cigna Corp
Freestone Capital Holdings LLC Sells 13,972 Shares of Cigna Corp
Source Capital, Inc.  Shares Sold by Mraz Amerine & Associates Inc.
Source Capital, Inc. Shares Sold by Mraz Amerine & Associates Inc.
Mawson Resources  Sets New 1-Year Low at $0.17
Mawson Resources Sets New 1-Year Low at $0.17
Weekly Investment Analysts’ Ratings Changes for Canadian Tire
Weekly Investment Analysts’ Ratings Changes for Canadian Tire


© 2006-2019 Ticker Report