Today, TransAlta Co. (TA) Receives Consensus Rating of “Hold” from Brokerages

Today, TransAlta Co. (TA) Receives Consensus Rating of “Hold” from Brokerages

Shares of TransAlta Co. (TSE:TA) have earned a consensus recommendation of “Hold” from the nine analysts that are presently covering the stock. One research analyst has rated the stock with a sell rating and three have given a hold rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$6.92.

Several research firms have recently weighed in on TA. Scotiabank reissued an “underperform” rating and set a C$6.50 price target on shares of TransAlta in a report on Wednesday, August 10th. CIBC increased their price target on TransAlta from C$7.75 to C$8.00 in a report on Wednesday, July 20th. FirstEnergy Capital increased their price target on TransAlta from C$5.25 to C$5.75 in a report on Wednesday, August 10th. TD Securities lowered their price target on TransAlta from C$7.50 to C$7.00 and set a “hold” rating on the stock in a report on Wednesday, August 10th. Finally, Royal Bank Of Canada increased their price target on TransAlta from C$5.50 to C$6.00 in a report on Thursday, August 11th.

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