Analyst Activity – Scotiabank Raises Its Price Target On TransAlta (TSE:TA) to C$8.00

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Analyst Ratings For TransAlta (TSE:TA)

Today, Scotiabank raised its price target on TransAlta (TSE:TA) to C$8.00 per share.

There are 5 hold ratings on the stock.

The current consensus rating on TransAlta (TSE:TA) is Hold (Score: 2.00) with a consensus target price of C$7.69 per share, a potential .

Some recent analyst ratings include

  • 2/13/2017-National Bank Financial was Downgraded by analysts at National Bank Financial from a “Outperform ” rating to a ” Sector Perform” rating. They now have a C$8.50 price target on the stock, up previously from C$9.00 .


    About TransAlta (TSE:TA)
    TransAlta Corporation (TransAlta) is a non-regulated electricity generation and energy marketing company with an aggregate net ownership interest of approximately 8,730 megawatts of generating capacity. The Company is engaged in the production and sale of electric energy. TransAlta is organized into seven segments: Canadian Coal, U.S. Coal, Gas, Wind and Solar, Hydro, Energy Marketing and Corporate. The Canadian Coal, U.S. Coal, Gas, Wind and Solar, and Hydro segments are responsible for constructing, operating and maintaining its electrical generation. The Canadian Coal segment is also responsible for the operation and maintenance of the Company’s related mining operations in Canada. The Energy Marketing segment is responsible for marketing its production through short-term and long-term contracts. The Company operates facilities having approximately 10,208 megawatts of aggregate generating capacity.

    Recent Trading Activity for TransAlta (TSE:TA)
    Shares of TransAlta closed the previous trading session at 7.25 down -0.23 -3.07% with 602,350 shares trading hands.