TransAlta (TA) Stock Forecast & Price Target

C$18.71 +0.03 (+0.16%)

As of 01/14/2025 04:00 PM Eastern

TransAlta - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 8 Analyst Ratings

Sell
0

Hold
3

Buy
5

Based on 8 Wall Street analysts who have issued ratings for TransAlta in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 3 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for TA.

Consensus Price Target

C$18.33
-2.01% Downside

According to the 8 analysts' twelve-month price targets for TransAlta, the average price target is C$18.33. The highest price target for TA is C$23.00, while the lowest price target for TA is C$15.00. The average price target represents a forecasted downside of -2.01% from the current price of C$18.71.

Get the Latest News and Ratings for TA and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for TransAlta and its competitors.

TA Analyst Ratings Over Time

Type	Current Forecast 1/16/24 to 1/15/25	1 Month Ago 12/17/23 to 12/16/24	3 Months Ago 10/18/23 to 10/17/24	1 Year Ago 1/16/23 to 1/16/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	4 Buy rating(s)	5 Buy rating(s)	6 Buy rating(s)	8 Buy rating(s)
Hold	3 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$18.33	C$17.00	C$15.43	C$16.25
Forecasted Upside	-2.01% Downside	-14.36% Downside	6.26% Upside	55.50% Upside
Consensus Rating	Moderate Buy	Buy	Buy	Buy

TA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

TransAlta Stock vs. The Competition

Type	TransAlta	Utilities Companies
Consensus Rating Score	2.75	2.52
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent TA News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/8/2025	Cibc World Mkts 0 of 5 stars	M. Jarvi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
1/8/2025	CIBC 3 of 5 stars		Downgrade	Outperform ➝ Neutral	C$17.00 ➝ C$23.00	+20.73%
12/18/2024	Desjardins 2 of 5 stars	B. Stadler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold	C$15.50 ➝ C$16.00	-22.89%
12/16/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$17.00 ➝ C$22.00	+13.05%
12/5/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Hope Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
11/6/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$14.00 ➝ C$16.00	+7.67%
Get the Latest News and Ratings for TA and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for TransAlta and its competitors with MarketBeat's FREE daily newsletter.
11/6/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$16.00 ➝ C$18.00	+21.13%
8/23/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$14.00 ➝ C$15.00	+25.21%
10/19/2023	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$19.00 ➝ C$17.00	+58.58%
8/9/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	C$13.00 ➝ C$14.00	+2.26%
8/8/2023	Industrial Alliance Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy	C$17.00 ➝ C$17.50	+28.77%
5/16/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$17.00 ➝ C$18.50	+39.20%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:20 AM ET.

TA Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for TransAlta is C$18.33, with a high forecast of C$23.00 and a low forecast of C$15.00.
: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransAlta in the last year. There are currently 3 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TA shares.
: According to analysts, TransAlta's stock has a predicted downside of -2.01% based on their 12-month stock forecasts.
: Over the previous 90 days, TransAlta's stock had 3 downgrades and 2 upgrades by analysts.
: TransAlta has been rated by research analysts at BMO Capital Markets, CIBC, Cibc World Mkts, Desjardins, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.
: Analysts like TransAlta more than other "utilities" companies. The consensus rating score for TransAlta is 2.75 while the average consensus rating score for "utilities" companies is 2.52. Learn more on how TA compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

This page (TSE:TA) was last updated on 1/15/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

TransAlta (TA) Stock Forecast & Price Target