Analyst Ratings For TransAlta Renewables (TSE:RNW)
Today, TransAlta Renewables (TSE:RNW) stock was downgraded by Raymond James Financial, Inc. from Outperform to Market Perform.
There are 6 hold ratings, 1 buy rating on the stock.
The current consensus rating on TransAlta Renewables (TSE:RNW) is Hold (Score: 2.14) with a consensus target price of C$15.07 per share, a potential .
Some recent analyst ratings include
- 4/20/2017-Raymond James Financial, Inc. was Downgraded by analysts at Raymond James Financial, Inc. from a “Outperform ” rating to a ” Market Perform” rating.
- 3/8/2017-Desjardins Reiterated Rating of Hold.
- 11/22/2016-Royal Bank of Canada Reiterated Rating of Sector Perform.
About TransAlta Renewables (TSE:RNW)
TransAlta Renewables Inc is a Canada-based company engaged in developing, owning and operating renewable power generation facilities. The Company owns and operates over 10 hydro facilities and approximately 20 wind farms in Western and Eastern Canada with a total installed capacity of approximately 1,140 megawatts (MW) and holds economic interest in approximately 140 MW Wyoming Wind Farm and approximately 420 MW Australian gas-fired generation assets, as well as over 270 kilometers gas pipeline. The Company also owns economic interests in Sarnia cogeneration plant, Le Nordais wind farm and Ragged Chute hydro facility totaling approximately 610 MW of contracted power generation assets located in Ontario and Quebec. The Company’s subsidiaries include Canadian Hydro Developers, Inc. and Western Sustainable Power Inc.
Recent Trading Activity for TransAlta Renewables (TSE:RNW)
Shares of TransAlta Renewables closed the previous trading session at 15.72 down -0.23 -1.44% with 324,191 shares trading hands.
