OTCMKTS:TRSWF - TransAlta Renewables Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $17.90
  • Forecasted Upside: 2.98 %
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 6 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$17.38
▼ -0.02 (-0.11%)
1 month | 3 months | 12 months
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Analyst Price Target for TRSWF

i We calculate 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$17.90
▲ +2.98% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for TransAlta Renewables in the last 3 months. The average price target is $17.90, with a high forecast of $19.50 and a low forecast of $16.00. The average price target represents a 2.98% upside from the last price of $17.38.
Hold
The current consensus among 7 polled investment analysts is to hold stock in TransAlta Renewables.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/25/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/23/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/21/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
4/20/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
7/19/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 1 sell ratings
10/17/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 6 hold ratings
  • 1 sell ratings
12/16/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 6 hold ratings
  • 1 sell ratings
1/15/2021

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 6 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetDetails
1/13/2021CIBCDowngradeNeutral ➝ Underperform
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1/8/2021TD SecuritiesDowngradeBuy ➝ Hold
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12/28/2020ScotiabankBoost Price TargetSector Perform$17.50 ➝ $19.00
i
12/24/2020Credit Suisse GroupBoost Price TargetNeutral$17.00 ➝ $19.50
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11/2/2020Royal Bank of CanadaBoost Price TargetSector Perform$16.00 ➝ $17.00
i
10/28/2020Raymond JamesBoost Price TargetMarket Perform$16.50 ➝ $18.00
i
10/21/2020National Bank FinancialDowngradeSector Perform
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10/16/2020ScotiabankBoost Price TargetSector Perform$16.50 ➝ $17.50
i
10/15/2020CIBCDowngradeOutperform ➝ Neutral
i
10/1/2020Credit Suisse GroupInitiated CoverageNeutral
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8/4/2020CIBCBoost Price TargetOutperform$15.50 ➝ $16.00
i
7/29/2020Raymond JamesDowngradeMarket Perform
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3/31/2020TD SecuritiesUpgradeHold ➝ Buy
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3/25/2020Raymond JamesUpgradeMarket Perform ➝ Outperform
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3/20/2020CIBCUpgradeNeutral ➝ Outperform
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3/3/2020TD SecuritiesDowngradeBuy ➝ Hold
i
(Data available from 1/15/2016 forward)
TransAlta Renewables logo
TransAlta Renewables Inc. develops, owns, and operates renewable power generation facilities. As of February 28, 2020, it owned and operated 23 wind facilities, 13 hydroelectric facilities, seven natural gas generation facilities, one solar facility, and one natural gas pipeline comprising an ownership interest of 2,527 megawatts of generating capacity located in the provinces of British Columbia, Alberta, Ontario, Québec, and New Brunswick; and the States of Wyoming, Massachusetts, and Minnesota, as well as the State of Western Australia. The company was founded in 2013 and is headquartered in Calgary, Canada. TransAlta Renewables Inc. is a subsidiary of TransAlta Corporation.
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Today's Range

Now: $17.38
$17.29
$17.51

50 Day Range

MA: $15.62
$13.46
$18.91

52 Week Range

Now: $17.38
$7.47
$19.20

Volume

5,928 shs

Average Volume

14,336 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of TransAlta Renewables?

The following Wall Street sell-side analysts have issued research reports on TransAlta Renewables in the last twelve months: CIBC, Credit Suisse Group AG, National Bank Financial, Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.

What is the current price target for TransAlta Renewables?

5 Wall Street analysts have set twelve-month price targets for TransAlta Renewables in the last year. Their average twelve-month price target is $17.90, suggesting a possible upside of 3.0%. Credit Suisse Group AG has the highest price target set, predicting TRSWF will reach $19.50 in the next twelve months. CIBC has the lowest price target set, forecasting a price of $16.00 for TransAlta Renewables in the next year.

What is the current consensus analyst rating for TransAlta Renewables?

TransAlta Renewables currently has 1 sell rating and 6 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TRSWF, but not buy more shares or sell existing shares.

How do I contact TransAlta Renewables' investor relations team?

The company's listed phone number is 403-267-2520. The official website for TransAlta Renewables is www.transaltarenewables.com.