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DeepSeek shocks tech marketsS&P and Nasdaq hit highsBitcoin tops $100K, but stocks weakThis summary was created by AI, based on 13 opinions in the last 12 months.
Transalta Corp (TA) has been a focal point for various investment analysts, primarily due to its recent stock performance and strategic developments in renewable energy. Some experts highlight the stock's past performance, noting significant gains, while others express concern over the company's long-term value creation and historical challenges, such as dividend cuts. Despite its aggressive growth in renewable projects, a few experts recommend caution, emphasizing that the stock has not consistently outperformed its peers and suggesting alternatives like TC Energy and Capital Power. Furthermore, the market has fluctuated significantly, influencing opinions on its current valuation and potential returns. Overall, investment sentiment is mixed, with an inclination to monitor the stock closely before making any substantial commitments.
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.
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.
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.
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.
At current levels we would consider TA 'OK'. But, it has not created much long term value, and has had to cut its dividend in the past. We would far prefer BEPC or H and would be comfortable swapping.
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TransAlta renewables better business. Current valuation is cheap. Expecting higher share price. Dividend not as high as peers. Good stock to own going forward.
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
In the last year, 11 stock analysts published opinions about TA-T. 7 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Transalta Corp.
Transalta Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Transalta Corp.
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.
11 stock analysts on Stockchase covered Transalta Corp In the last year. It is a trending stock that is worth watching.
On 2025-02-07, Transalta Corp (TA-T) stock closed at a price of $15.5.
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%.