TransAlta Corp Stock Target Price and Analyst Consensus
TAC Stock | USD 14.29 0.60 4.38% |
The current analyst and expert consensus on TransAlta Corp is Buy, with 2 strong buy opinions. The current projected TransAlta Corp target price consensus is 11.29 with 10 analyst opinions. Check out Macroaxis Advice on TransAlta Corp to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For information on how to trade TransAlta Stock refer to our How to Trade TransAlta Stock guide.The most common way TransAlta Corp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview TransAlta Corp executives and customers to further validate their buy or sell advice. TransAlta Corp buy-or-sell recommendation module provides average expert sentiment on the projected TransAlta Corp target price to derive its highest and lowest estimates based on projected price volatility of 2.6564.
Lowest Forecast 10.27 | Highest Forecast 12.53 | Target Price 11.29 |
TransAlta |
It's important to approach TransAlta Corp's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
TransAlta Corp Target Price Consensus
TransAlta target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. TransAlta Corp's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
10 | Buy |
Most TransAlta analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand TransAlta stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of TransAlta Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationTransAlta Corp Target Price Projection
TransAlta Corp's current and average target prices are 14.29 and 11.29, respectively. The current price of TransAlta Corp is the price at which TransAlta Corp is currently trading. On the other hand, TransAlta Corp's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
TransAlta Corp Market Quote on 22nd of January 2025
Target Price
Analyst Consensus On TransAlta Corp Target Price
TransAlta Corp Analyst Ratings
TransAlta Corp's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about TransAlta Corp stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of TransAlta Corp's financials, market performance, and future outlook by experienced professionals. TransAlta Corp's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize TransAlta Corp price targets
TransAlta Corp's stock target price is an estimate of its future price, usually made by analysts. Using TransAlta Corp's target price to determine if it is a suitable investment can be done through the following steps:- Look at TransAlta Corp's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if TransAlta Corp's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional TransAlta Corp Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of TransAlta Corp is a key component of TransAlta Corp valuation and have some predictive power on the future returns of a TransAlta Corp.Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.Adviser Favorites Invested few shares | ||
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Check out Macroaxis Advice on TransAlta Corp to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For information on how to trade TransAlta Stock refer to our How to Trade TransAlta Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Please note, the presentation of TransAlta Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TransAlta Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of TransAlta Corp's management manipulating its earnings.