TransAlta Corp has a consensus price target of $19.75 based on the ratings of 2 analysts. The high is $20 issued by RBC Capital on May 8, 2025. The low is $19.5 issued by CIBC on February 18, 2025. The 3 most-recent analyst ratings were released by RBC Capital, CIBC, and RBC Capital on May 8, 2025, February 18, 2025, and December 16, 2022, respectively. With an average price target of $18.5 between RBC Capital, CIBC, and RBC Capital, there's an implied 103.30% upside for TransAlta Corp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
05/08/2025 | Buy Now | 119.78% | RBC Capital | Maurice Choy46% | $23 → $20 | Maintains | Outperform | Get Alert |
02/18/2025 | Buy Now | 114.29% | CIBC | Mark Jarvi52% | $23 → $19.5 | Upgrade | Neutral → Outperformer | Get Alert |
12/16/2022 | Buy Now | 75.82% | RBC Capital | Maurice Choy46% | $17 → $16 | Maintains | Outperform | Get Alert |
The latest price target for TransAlta (NYSE:TAC) was reported by RBC Capital on May 8, 2025. The analyst firm set a price target for $20.00 expecting TAC to rise to within 12 months (a possible 119.78% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for TransAlta (NYSE:TAC) was provided by RBC Capital, and TransAlta maintained their outperform 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 May 8, 2025 so you should expect the next rating to be made available sometime around May 8, 2026.
While ratings are subjective and will change, the latest TransAlta (TAC) rating was a maintained with a price target of $23.00 to $20.00. The current price TransAlta (TAC) is trading at is $9.10, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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