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This summary was created by AI, based on 12 opinions in the last 12 months.

Transalta Corp (TA-T) is viewed with a mix of optimism and caution by various experts. While some analysts highlight its potential for growth and resilience as a renewable energy developer with a significant number of projects, others express reservations given its historical price performance and recent volatility. The stock has experienced fluctuations due to changes in earnings expectations and external market pressures. Although it has triggered positive returns in the past, with some top picks showing over 100% gains, concerns about dividend growth and reliance on specific markets persist. Analysts recommend setting stop-loss points to manage risk, hinting at a cautious yet hopeful approach to investing in this energy utility.

Consensus
Cautious
Valuation
Fair Value
Similar
TCE,TC
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Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

Long a favourite of Stockchase Michael O'Reilly, this Alberta renewable energy company sank over 2% during April's tariff-induced slide. The sell-off helped to halve TA's PE of 40x from last September, and is now trading far lower than the industry's 33x. Even better, is the confident forward PE of 33.57x. Other qualities: a low beta of 0.55 and low payout ratio of 40% to support the 2.12% dividend yield. True, that yield lags its peers by 150 basis points or more, but TransAlta's ROE is 25.3%, towering over the sector's 8.97%. Anchored by strong free cash flows, the company is aggressively buying back shares as institutional shareholders own 67% of this stock. Lower interest rates are a tailwind for the entire sector

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

TA holds a basket of high-quality power generation facilities including renewables.  The company is prudently using some cash reserves to aggressively retire debt and buy back shares.  It trades at 21x earnings and supports a 25% ROE.  We recommend setting a stop-loss at $9.50, looking to achieve $16.00 -- upside potential of 28%.  Yield 1.9%

(Analysts’ price target is $18.33)
WATCH

He's looking at it. It's softened up considerably. Decent dividend payer, cut a few years ago but now back on track. High-quality company with share price having sold off. An opportunity, but he hasn't pulled the trigger yet.

Spike on chart due to strong earnings and a bunch of analysts giving it a "Buy". Got ahead of itself. Disappointment recently. He doesn't like buying at all-time highs, where there's often more downside than upside.

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jul 18/24, Up 59.6%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TA has triggered its stop at $16.  To remain disciplined, we recommend covering the position at this time.  Combined with our previous guidance, this will result in a net investment gain of 46%.

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jul 18/24, Up 109.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TA is progressing well.  To remain disciplined, we recommend trailing up the stop (from $13.50) to $16.00 at this time.  

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jul 18/24, Up 51.7%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TA is progressing well.  To remain disciplined, we recommend trailing up the stop (from $12.00) to $13.50 at this time.

DON'T BUY

It has been up and down for a decade and its ten year chart shows a price not much higher than 10 years ago. He is not expecting much dividend growth. He prefers TC Energy which is more solid and more diversified.

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jul 18/24, Up 30.9%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TA has achieved its target at $13.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $11) to $12.  

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jul 18/24, Up 21.8%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TA is progressing well.  To remain disciplined, we recommend trailing up the stop (from $8.50) to $11.00 at this time.  

DON'T BUY

Has been rallying the last 3-4 months based on rate cuts. Has exposure to the Alberta power market which has seen prices under pressure since 2022. Prefers Capital Power.

HOLD

Ton of drama for many years. Exciting play when it separated out RNW, but then they put them back together. Underperformed since then. Not a bad name, but doesn't have the nice dividend that others in the space do.

Not the first place he'd put money. Dead money absent other catalysts. On a really sharp pullback, you could add. If you own it, it's a fine hold.

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

We reiterate this Canadian based developer of renewable energy as a TOP PICK.  They recently announced the startup of a 200MW wind project in Oklahoma that is fully contracted - their 30th successful wind project.  Shares trade at 12x earnings and support a robust 33% ROE.  Quarterly cash reserves are growing again, while debt is retired and shares bought back.  We continue to recommend a stop at $8.50, looking to achieve $13.00 -- upside potential of 26%.  Yield 2.2%

(Analysts’ price target is $13.75)
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

The Alberta based power generator holds a diverse portfolio of power generation assets in the US, Canada and Australia including 50 renewable projects with many new projects on the list.  It trades at 12x earnings, 3.5x book and supports a 33% ROE.  The modest dividend is supported by a payout ratio under 15% of cash flow.  We recommend setting a stop-loss at $8.50, looking to achieve $13 -- upside potential of 30%.  Yield 2.3%

(Analysts’ price target is $13.69)
WEAK BUY

Utility-type companies should perform better once rates start to come down a bit, which hasn't started yet. Most downside has probably occurred, though could potentially retest. Value play, could pick away at these levels, not wild about it.

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jan 30/24, Down 13.6%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TA has triggered its stop at $8.50.  To remain disciplined, we recommend covering the position at this time.

Showing 1 to 15 of 611 entries

Transalta Corp(TA-T) Rating

Ranking : 4 out of 5

Star iconStar iconStar iconStar iconStar empty icon

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 13

Stockchase rating for Transalta Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Transalta Corp(TA-T) Frequently Asked Questions

What is Transalta Corp stock symbol?

Transalta Corp is a Canadian stock, trading under the symbol TA-T on the Toronto Stock Exchange (TA-CT). It is usually referred to as TSX:TA or TA-T

Is Transalta Corp a buy or a sell?

In the last year, 13 stock analysts published opinions about TA-T. 6 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Transalta Corp.

Is Transalta Corp a good investment or a top pick?

Transalta Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Transalta Corp.

Why is Transalta Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Transalta Corp worth watching?

13 stock analysts on Stockchase covered Transalta Corp In the last year. It is a trending stock that is worth watching.

What is Transalta Corp stock price?

On 2025-05-07, Transalta Corp (TA-T) stock closed at a price of $11.81.