TransAlta Corp has a consensus price target of $17.75 based on the ratings of 2 analysts. The high is $19.5 issued by CIBC on February 18, 2025. The low is $16 issued by RBC Capital on December 16, 2022. The 2 most-recent analyst ratings were released by CIBC and RBC Capital on February 18, 2025 and December 16, 2022, respectively. With an average price target of $17.75 between CIBC and RBC Capital, there's an implied 61.36% upside for TransAlta Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for TransAlta (NYSE:TAC) was reported by CIBC on February 18, 2025. The analyst firm set a price target for $19.50 expecting TAC to rise to within 12 months (a possible 77.27% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for TransAlta (NYSE:TAC) was provided by CIBC, and TransAlta upgraded their outperformer rating.
The last upgrade for TransAlta Corp happened on February 18, 2025 when CIBC raised their price target to $19.5. CIBC previously had a neutral for TransAlta Corp.
There is no last downgrade for TransAlta.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TransAlta, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for TransAlta was filed on February 18, 2025 so you should expect the next rating to be made available sometime around February 18, 2026.
While ratings are subjective and will change, the latest TransAlta (TAC) rating was a upgraded with a price target of $23.00 to $19.50. The current price TransAlta (TAC) is trading at is $11.00, which is out of the analyst’s predicted range.
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