Transalta Corp

TA-T

TSE:TA

12.41
0.06 (0.49%)
TransAlta Corporation is an electricity power generator and wholesale marketing company headquartered in Calgary, Alberta. It is a privately owned corporation and its shares are traded publicly.
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Analysis and Opinions about TA-T

Signal
Opinion
Expert
BUY
BUY
April 8, 2021
Can charge more for assets because of the SCC decision, so they'll be more highly regarded. It's fine.
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Transalta Corp (TA-T)
April 8, 2021
Can charge more for assets because of the SCC decision, so they'll be more highly regarded. It's fine.
Paul Gardner, CFA
Price
$12.280
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
February 23, 2021

(A Top Pick Jan 28/20, Up 22%) Gives him exposure to renewable infrastructure. TA has rebounded since the pandemic. TA is viewed as Alberta power, but it also co-owns subsidiary Transalta Renewables (wind and solar power generation). You get the rest of TA for free, really, if you strip out T-Renewables. The price of electricity has really come back recently which has boosted shares. This is undervalued and he still likes it.

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Transalta Corp (TA-T)
February 23, 2021

(A Top Pick Jan 28/20, Up 22%) Gives him exposure to renewable infrastructure. TA has rebounded since the pandemic. TA is viewed as Alberta power, but it also co-owns subsidiary Transalta Renewables (wind and solar power generation). You get the rest of TA for free, really, if you strip out T-Renewables. The price of electricity has really come back recently which has boosted shares. This is undervalued and he still likes it.

Robert Lauzon
Price
$11.620
Owned
Yes
COMMENT
COMMENT
November 13, 2020
Owns Transalta renewables. The utility sector as a whole suffers from being not too cheap, fairly leveraged and so he would prefer to get companies that have better cashflow.
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Transalta Corp (TA-T)
November 13, 2020
Owns Transalta renewables. The utility sector as a whole suffers from being not too cheap, fairly leveraged and so he would prefer to get companies that have better cashflow.
Jason Mann
Price
$8.410
Owned
_N/A
BUY
BUY
August 17, 2020
Just had a strong Q2 and reinforced their guidance. There's an extra $3 of value here. Brookfield just made an investment. Has a great balance sheet. Renewables are a hot area, too. With their cash, they can buy back lots of shares. Trading at a 15% free cash yield vs. 9% from its peers.
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Transalta Corp (TA-T)
August 17, 2020
Just had a strong Q2 and reinforced their guidance. There's an extra $3 of value here. Brookfield just made an investment. Has a great balance sheet. Renewables are a hot area, too. With their cash, they can buy back lots of shares. Trading at a 15% free cash yield vs. 9% from its peers.
Greg Newman
Price
$8.470
Owned
Unknown
TOP PICK
TOP PICK
January 28, 2020
Has a $12 price target. Brookfield owns a portion and will buy more. Its ESG score has risen. It's a turnaround story and underowned. Good for renewable exposure. (Analysts’ price target is $10.97)
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Transalta Corp (TA-T)
January 28, 2020
Has a $12 price target. Brookfield owns a portion and will buy more. Its ESG score has risen. It's a turnaround story and underowned. Good for renewable exposure. (Analysts’ price target is $10.97)
Robert Lauzon
Price
$9.570
Owned
Yes
BUY
BUY
December 11, 2019
It does not pay much of a yield, so it generally is ignored. They are modeling 6% growth in cash flow per share. The balance sheet is in good shape. They are buying back shares. Not his favorite name, but has upside to $11.
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Transalta Corp (TA-T)
December 11, 2019
It does not pay much of a yield, so it generally is ignored. They are modeling 6% growth in cash flow per share. The balance sheet is in good shape. They are buying back shares. Not his favorite name, but has upside to $11.
Greg Newman
Price
$8.860
Owned
Unknown
HOLD
HOLD
November 29, 2019
It has had a good bounce this year. Brookfield has been brought in (now holding 5% of the stock) and holds a couple of board seats. The true value is $11-$12, he thinks. He likes the hydro generation assets on the renewable trend. Yield 2.5%
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Transalta Corp (TA-T)
November 29, 2019
It has had a good bounce this year. Brookfield has been brought in (now holding 5% of the stock) and holds a couple of board seats. The true value is $11-$12, he thinks. He likes the hydro generation assets on the renewable trend. Yield 2.5%
Robert Lauzon
Price
$8.920
Owned
Unknown
SELL
SELL
November 18, 2019
He prefers ALA-T to this one at these levels. Nothing is going to move this one materially higher in the next while.
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Transalta Corp (TA-T)
November 18, 2019
He prefers ALA-T to this one at these levels. Nothing is going to move this one materially higher in the next while.
Ryan Bushell
Price
$8.910
Owned
No
PAST TOP PICK
PAST TOP PICK
October 25, 2019
(A Top Pick Oct 03/18, Up 11%) Doing what it is supposed to do. Dull and boring. He likes their hydro assets and Brookfield has bought into a convertible bond, equivalent to about 5% of the stock outstanding and may add another 5% in the future. Management wants to buy back stock. It should be a $9-$10 stock.
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Transalta Corp (TA-T)
October 25, 2019
(A Top Pick Oct 03/18, Up 11%) Doing what it is supposed to do. Dull and boring. He likes their hydro assets and Brookfield has bought into a convertible bond, equivalent to about 5% of the stock outstanding and may add another 5% in the future. Management wants to buy back stock. It should be a $9-$10 stock.
Robert Lauzon
Price
$7.850
Owned
Yes
WEAK BUY
WEAK BUY
September 16, 2019

It's been smashed in the past five years, dropping from the mid-teens to around $5-6, and cut their dividend. They made some bad calls when Alberta de-regulated and they let their transmission lines go. But they have turned around. The dividend could rise in coming years and it could move to $12. He prefers Capital Power.

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Transalta Corp (TA-T)
September 16, 2019

It's been smashed in the past five years, dropping from the mid-teens to around $5-6, and cut their dividend. They made some bad calls when Alberta de-regulated and they let their transmission lines go. But they have turned around. The dividend could rise in coming years and it could move to $12. He prefers Capital Power.

Bruce Murray
Price
$8.730
Owned
No
PAST TOP PICK
PAST TOP PICK
May 23, 2019
(A Top Pick May 03/18, Up 30%) They did a good job of highlighting value in their hydro assets. They are buying back stock but he would prefer they increased the dividend more. This is a good entry point again.
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(A Top Pick May 03/18, Up 30%) They did a good job of highlighting value in their hydro assets. They are buying back stock but he would prefer they increased the dividend more. This is a good entry point again.
Robert Lauzon
Price
$8.650
Owned
Yes
DON'T BUY
DON'T BUY
May 6, 2019
It is difficult. It is southern Alberta. It has been in transition for a bit and still seems to be. He would not feel comfortable in the sector until things look better in Alberta.
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It is difficult. It is southern Alberta. It has been in transition for a bit and still seems to be. He would not feel comfortable in the sector until things look better in Alberta.
BUY
BUY
March 18, 2019
This hurt a lot of people. Now they are cheap, trading at 15.1% free-cash yield. He sees more upside 25-50% though nowhere near to $30.
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Transalta Corp (TA-T)
March 18, 2019
This hurt a lot of people. Now they are cheap, trading at 15.1% free-cash yield. He sees more upside 25-50% though nowhere near to $30.
Greg Newman
Price
$8.870
Owned
Unknown
DON'T BUY
DON'T BUY
January 17, 2019
Over a number of years are making a transition from coal to natural gas fired power plants. He would prefer to look at the renewables or NPI-T.
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Transalta Corp (TA-T)
January 17, 2019
Over a number of years are making a transition from coal to natural gas fired power plants. He would prefer to look at the renewables or NPI-T.
BUY
BUY
October 22, 2018

It has not done very well. He also bought some of the preferreds. He thinks they are moving in the right direction. The dividend is pretty secure. They have a long way to go to complete their turnaround. There may be tax loss selling at the end of the year but many have already taken their loss.

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Transalta Corp (TA-T)
October 22, 2018

It has not done very well. He also bought some of the preferreds. He thinks they are moving in the right direction. The dividend is pretty secure. They have a long way to go to complete their turnaround. There may be tax loss selling at the end of the year but many have already taken their loss.

Benj Gallander
Price
$7.240
Owned
Yes
Showing 1 to 15 of 576 entries

Transalta Corp(TA-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

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, 3 stock analysts published opinions about TA-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 Paul Gardner, CFA on 2021-04-08. 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?

3 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 2021-04-13, Transalta Corp (TA-T) stock closed at a price of $12.41.